Brand new Porsche Panamera mistakenly advertised for $18,000

Who in their right mind would pass up the opportunity to buy a Porsche Panamera for an eighth of its usual asking price?

by | Published on 2nd Feb 2023

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).

READ MORE: The hotly-anticipated Hummer SUV EV has finally entered production

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.


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).



You might be interested in

Adam Gray is an experienced motoring journalist and content creator based in the United Kingdom. Using his media accreditation with motor manufacturers’ press offices, Adam test drives the latest cars and attends new vehicle press launches, producing written reviews and news pieces for supercarblondie.com. Before joining the Supercar Blondie team, Adam was Motoring Editor for Portfolio North magazine, North East Motoring Editor at Reach plc, and provided motoring content on a freelance basis to several lifestyle and business publications in the North of England. When he’s not behind the wheel of the latest car, Adam can be found at his local rink playing ice hockey or supporting his beloved Middlesbrough FC.

Trending This Week

Related Articles