Brand new Porsche Panamera mistakenly advertised for $18,000

Published on Feb 02, 2023 at 7:21 PM (UTC+4)
by Adam Gray

Last updated on Feb 02, 2023 at 7:21 PM (UTC+4)
Edited by Kate Bain

Talk about thinking all your Christmases have come at once.

Porsche collectors in China thought their luck was in when they spotted a dealership advertising a Panamera for an eighth of its usual asking price.

Instead of being listed for the actual starting price of ¥998,000 ($148,000), the dealership was advertising the modestly priced sedan for ¥124,000 ($18,000).

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You’d be stupid not to take advantage of such a great deal, right?

Plenty of people did – in fact, hundreds put down $135 (¥911) reservation fees.

Unfortunately, the dealership in the northern city of Yinchuan had made a serious mistake in their online ad, something which Porsche acknowledged.

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The dealership was left red-faced and took down the incorrect information immediately, a spokeswoman for the German marque told Bloomberg.

Porsche was made to contact all interested parties to explain the situation and to obviously apologize.

Collectors who had paid the reservation fee will be issued refunds within 48 hours, the spokeswoman said.

One particular collector fell in luck, though.

Porsche said it had reached out to the first person who made an online reservation and “negotiated an agreeable outcome.”

Supposedly, the deal involved the one Porsche Panamera the dealership had in stock.

Porsche Panamera Performance

The Panamera occupies a neat position within the Porsche lineup, offering the low-slung dynamics of a 911, with the practicality and spaciousness of a Cayenne.

There’s no such thing as a sluggish Porsche of course, and even the slowest version of the Panamera does 0-100 km/h (0-62 mph) in 5.6 seconds.

The top-of-the-range Turbo S packs a punch, with 621 bhp and 605 lb-ft of torque on tap, meaning it’ll sprint from 0-100 km/h (0-62 mph) in 3.1 seconds – that’s faster than some supercars.

If you can find a long enough bit of tarmac, you’ll be able to hit 315 km/h (196 mph).

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Adam Gray is an experienced freelance motoring journalist and content creator based in the United Kingdom. Using his media accreditation with manufacturers’ press offices, Adam test drives the latest cars and attends new vehicle press launches, producing written reviews and news pieces for a variety of lifestyle and business publications. Here at Supercar Blondie, Adam applies his journalistic skills penning social-first content around current news and trends. When he’s not behind the wheel of the latest car or writing up another viral story, Adam can be found at his local rink playing ice hockey or at the Riverside Stadium supporting his beloved Middlesbrough FC.