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2021 Porsche Panamera
Shown: 2021 Porsche Panamera. Photo: Calreyn88, CC BY-SA 4.0, via Wikimedia Commons
  • Newest year: 2023
  • Gas
  • Plug-in hybrid
  • Large cars

2021-2023 Porsche Panamera MPG & Fuel Cost

3 model years · 17–20 MPG combined

20 MPG
Combined
18 MPG
City
24 MPG
Highway
Annual fuel cost · Panamera 2.9L 6-cyl turbo RWD
$4,020

15,000 mi/yr · premium gasoline $5.36/gal (U.S. average, Sep 2026)

Cheaper to fuel than 3 of 10 large car configurations, MY2023. Ranked against all rated configurations, not sales-weighted.

2021-2023 Porsche Panamera at a glance

The 2021-2023 Porsche Panamera covers 3 model years in the EPA database (49 configurations in all), rated 17–20 MPG combined. The newest model year, 2023, costs about $4,020 a year to fuel for its most efficient version, the Panamera 2.9L 6-cyl turbo RWD (20 MPG), at premium gasoline $5.36/gal (U.S. average, Sep 2026). Powertrains over the years: gas and plug-in hybrid. EPA changed the ratings in 2022 and 2023.

2021-2023 Porsche Panamera by model year

2021-2023 Porsche Panamera: EPA combined rating and yearly fuel cost for each model year
Model yearPowertrainsCombined$/yrEPA ratings
2023 Gas, Plug-in hybrid 17–20 MPG $2,850–$4,730 Ratings changed
2022 Gas, Plug-in hybrid 17–20 MPG $2,850–$4,730 Ratings changed
2021 Gas, Plug-in hybrid 17–20 MPG $2,850–$4,730 First year

What the 2023 Panamera 2.9L 6-cyl turbo RWD costs to drive

Per month

$335

$4,020 a year ÷ 12

Per 25 miles

$6.70

Per 100 miles

$26.80

Five years

$20,100

5 × the yearly cost, prices held at today's level

vs the large car median

$1,150more a year

Class median $2,870 a year, MY2023

Based on 15,000 miles a year and premium gasoline $5.36/gal (U.S. average, Sep 2026).

2023 Porsche Panamera MPG

Versus 2022: The most efficient configuration stays at 20 MPG. Its annual cost stays at $4,020.

Gas · 2.9L, 4.0L
Combined
17–20 MPG
Per year
$4,020–$4,730
See gas configurations
Plug-in hybrid · 2.9L, 4.0L
Gas-only combined
19–22 MPG
Per year
$2,850–$3,230

On electricity 48–52 MPGe, with 17–19 miles of electric range.

See plug-in hybrid configurations

Gas configurations (12)

2023 Porsche Panamera gas configurations: EPA ratings and annual cost
TrimEngineDriveCityHwyComb.$/yr
Panamera (Most efficient) 2.9L 6-cyl turbo RWD 18 24 20 $4,020
4S 2.9L 6-cyl turbo AWD 18 24 20 $4,020
4 2.9L 6-cyl turbo AWD 18 24 20 $4,020
4 ST 2.9L 6-cyl turbo AWD 18 23 20 $4,020
4S Executive 2.9L 6-cyl turbo AWD 17 23 19 $4,230
4S ST 2.9L 6-cyl turbo AWD 17 23 19 $4,230
4 Executive 2.9L 6-cyl turbo AWD 17 23 19 $4,230
Turbo S 4.0L 8-cyl turbo AWD 15 21 17 $4,730
GTS 4.0L 8-cyl turbo AWD 15 21 17 $4,730
GTS ST 4.0L 8-cyl turbo AWD 15 20 17 $4,730
Show 2 more configurations
2023 Porsche Panamera gas configurations: EPA ratings and annual cost (+2)
TrimEngineDriveCityHwyComb.$/yr
Turbo S Executive4.0L 8-cyl turboAWD152117$4,730
Turbo S ST4.0L 8-cyl turboAWD152117$4,730

12 configurations require or recommend higher-octane gasoline and are costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).

Plug-in hybrid configurations (3)

2023 Porsche Panamera plug-in hybrid configurations: EPA ratings and annual cost
TrimDriveGas MPGElectric MPGeElectric range$/yr
4 e-Hybrid (Most efficient) AWD 22 52 19 mi $2,850
4S E-Hybrid AWD 22 50 19 mi $2,870
Turbo S e-Hybrid AWD 19 48 17 mi $3,230

Cost assumes EPA's utility factor: 41%–43% of miles are driven on electricity (residential electricity 18.3¢/kWh (U.S. average, Jul 2026)) and the rest on gasoline (premium gasoline $5.36/gal (U.S. average, Sep 2026)).

2022 Porsche Panamera MPG

17–20 MPG · $2,850–$4,730/yr

Versus 2021: The most efficient configuration stays at 20 MPG. Its annual cost stays at $4,020.

Gas · 2.9L, 4.0L
Combined
17–20 MPG
Per year
$4,020–$4,730
See gas configurations
Plug-in hybrid · 2.9L, 4.0L
Gas-only combined
19–22 MPG
Per year
$2,850–$3,230

On electricity 48–52 MPGe, with 17–19 miles of electric range.

See plug-in hybrid configurations

Gas configurations (10)

2022 Porsche Panamera gas configurations: EPA ratings and annual cost
TrimEngineDriveCityHwyComb.$/yr
Panamera (Most efficient) 2.9L 6-cyl turbo RWD 18 24 20 $4,020
4S 2.9L 6-cyl turbo AWD 18 24 20 $4,020
4 2.9L 6-cyl turbo AWD 18 24 20 $4,020
4 ST 2.9L 6-cyl turbo AWD 18 23 20 $4,020
4S Executive 2.9L 6-cyl turbo AWD 17 23 19 $4,230
4S ST 2.9L 6-cyl turbo AWD 17 23 19 $4,230
Show 0 more configurations
2022 Porsche Panamera gas configurations: EPA ratings and annual cost (+4)
TrimEngineDriveCityHwyComb.$/yr
4 Executive2.9L 6-cyl turboAWD172319$4,230
Turbo S/Exec/ST4.0L 8-cyl turboAWD152117$4,730
GTS4.0L 8-cyl turboAWD152117$4,730
GTS ST4.0L 8-cyl turboAWD152017$4,730

10 configurations require or recommend higher-octane gasoline and are costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).

Plug-in hybrid configurations (3)

2022 Porsche Panamera plug-in hybrid configurations: EPA ratings and annual cost
TrimDriveGas MPGElectric MPGeElectric range$/yr
4 E-Hybrid/Exec/ST (Most efficient) AWD 22 52 19 mi $2,850
4S E-Hybrid/Exec/ST AWD 22 50 19 mi $2,870
Turbo S E-Hybrid/Exec/ST AWD 19 48 17 mi $3,230

Cost assumes EPA's utility factor: 41%–43% of miles are driven on electricity (residential electricity 18.3¢/kWh (U.S. average, Jul 2026)) and the rest on gasoline (premium gasoline $5.36/gal (U.S. average, Sep 2026)).

2021 Porsche Panamera MPG

17–20 MPG · $2,850–$4,730/yr
Gas · 2.9L, 4.0L
Combined
17–20 MPG
Per year
$4,020–$4,730
See gas configurations
Plug-in hybrid · 2.9L, 4.0L
Gas-only combined
19–22 MPG
Per year
$2,850–$3,230

On electricity 48–52 MPGe, with 17–19 miles of electric range.

See plug-in hybrid configurations

Gas configurations (12)

2021 Porsche Panamera gas configurations: EPA ratings and annual cost
TrimEngineDriveCityHwyComb.$/yr
Panamera (Most efficient) 2.9L 6-cyl turbo RWD 18 24 20 $4,020
4 2.9L 6-cyl turbo AWD 18 24 20 $4,020
4 ST 2.9L 6-cyl turbo AWD 18 23 20 $4,020
4S 2.9L 6-cyl turbo AWD 18 24 20 $4,020
4 Executive 2.9L 6-cyl turbo AWD 17 23 19 $4,230
4S Executive 2.9L 6-cyl turbo AWD 17 23 19 $4,230
Show 2 more configurations
2021 Porsche Panamera gas configurations: EPA ratings and annual cost (+6)
TrimEngineDriveCityHwyComb.$/yr
4S ST2.9L 6-cyl turboAWD172319$4,230
GTS4.0L 8-cyl turboAWD152117$4,730
GTS ST4.0L 8-cyl turboAWD152017$4,730
Turbo S Executive4.0L 8-cyl turboAWD152117$4,730
Turbo S ST4.0L 8-cyl turboAWD152117$4,730
Turbo S4.0L 8-cyl turboAWD152117$4,730

12 configurations require or recommend higher-octane gasoline and are costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).

Plug-in hybrid configurations (9)

2021 Porsche Panamera plug-in hybrid configurations: EPA ratings and annual cost
TrimDriveGas MPGElectric MPGeElectric range$/yr
4 e-Hybrid (Most efficient) AWD 22 52 19 mi $2,850
4 e-Hybrid Executive AWD 22 52 19 mi $2,850
4 e-Hybrid ST AWD 22 52 19 mi $2,850
4S e-Hybrid AWD 22 50 19 mi $2,870
4S e-Hybrid Executive AWD 22 50 19 mi $2,870
4S e-Hybrid ST AWD 22 50 19 mi $2,870
Show 0 more configurations
2021 Porsche Panamera plug-in hybrid configurations: EPA ratings and annual cost (+3)
TrimDriveGas MPGElectric MPGeElectric range$/yr
Turbo S e-HybridAWD194817 mi$3,230
Turbo S e-Hybrid ExecutiveAWD194817 mi$3,230
Turbo S e-Hybrid STAWD194817 mi$3,230

Cost assumes EPA's utility factor: 41%–43% of miles are driven on electricity (residential electricity 18.3¢/kWh (U.S. average, Jul 2026)) and the rest on gasoline (premium gasoline $5.36/gal (U.S. average, Sep 2026)).

Fuel cost by state

Yearly cost of the Panamera 2.9L 6-cyl turbo RWD: $4,790 in California and $3,480 in Texas, a $1,310 difference.

Gasoline prices: California: California state average; Washington: Washington state average; New York: New York state average; Florida: Florida state average; Texas: Texas state average (Sep 2026).
Fuel cost in every state

Similar cars

Closest combined MPG among MY2023 large car models.

EPA ratings: fueleconomy.gov file of Sep 29, 2026 · Prices: EIA regular gasoline, U.S. average, Sep 2026 ($4.36/gal) · EIA residential electricity, U.S. average, Jul 2026 (18.3¢/kWh) · 15,000 mi/yr, 55% city / 45% highway · How we calculate

Generations

Frequently asked questions

What gas mileage does the 2021-2023 Porsche Panamera get?

EPA rates the 2021-2023 Porsche Panamera at 17–20 MPG combined across 49 configurations and 3 model years. The most efficient version, the 2023 Panamera 2.9L 6-cyl turbo RWD, is rated 20 MPG (18 city, 24 highway). By powertrain: Gas: 17–20 MPG; Plug-in hybrid: 19–22 MPG.

Which years had the best MPG in the 2021-2023 Porsche Panamera?

Every model year of the 2021-2023 Porsche Panamera tops out at 20 MPG combined, so no year is better than another.

Did EPA ratings change during the 2021-2023 Porsche Panamera?

Yes. Ratings changed in 2022 and 2023.

How does the 2021-2023 Porsche Panamera compare with the previous generation?

The previous generation (2017-2020 Porsche Panamera) is rated 18–24 MPG combined and costs $2,900–$4,410 a year to fuel; the 2021-2023 model is rated 17–20 MPG and costs $2,850–$4,730 a year.

How much does it cost to fuel a 2023 Porsche Panamera per year?

Driving 15,000 miles a year at premium gasoline $5.36/gal (U.S. average, Sep 2026), the Panamera 2.9L 6-cyl turbo RWD costs about $4,020 a year. Across all 15 configurations the cost runs $2,850–$4,730 a year. That is a $1,880 difference between the cheapest and the costliest configuration.

How much does it cost to drive a 2023 Porsche Panamera 100 miles?

About $26.80 per 100 miles for the Panamera 2.9L 6-cyl turbo RWD at premium gasoline $5.36/gal (U.S. average, Sep 2026), and between $19.00 and $31.53 across all configurations. That is the annual cost over 15,000 miles divided by 150.

How does the 2023 Porsche Panamera compare with other large car configurations?

The Panamera 2.9L 6-cyl turbo RWD costs about $4,020 a year to fuel, $1,150 more than the class median of $2,870, and less than 3 of 10 large car configurations. The comparison covers all 94 rated large car configurations for MY2023, not weighted by sales.

How far does the 2023 Porsche Panamera plug-in hybrid go on electricity?

EPA rates the electric range at 17–19 miles, with a total range of 430–480 miles when the gasoline engine helps. Once the battery is used, the car runs as a hybrid at 22 MPG. The 4 e-Hybrid 2.9L 6-cyl turbo AWD costs about $2,850 a year, assuming EPA's utility factor of 43% of miles on electricity, at premium gasoline $5.36/gal (U.S. average, Sep 2026) + residential electricity 18.3¢/kWh (U.S. average, Jul 2026).

Is the 2023 Porsche Panamera different from the 2022 model?

The most efficient configuration stays at 20 MPG. Its annual cost stays at $4,020. EPA lists 15 configurations for 2023 against 13 configurations for 2022. See the 2022 Porsche Panamera for that year.