A Porsche Panamera is a large purchase, and the yearly bills match it. This guide takes each cost in turn: list price, COE, road tax and car insurance. The insurance section has one striking feature: a very wide gap between the two insurers that price it online.
Premiums are examples for one stated driver, as of 1 November 2026. They help you compare. They are not your quote.
The Panamera range as listed
The new-car list, read on 2026-10-10, lists the Panamera as a sports car made in Germany. These prices are as listed on that date and include COE as listed then:
- Panamera 2.9 (petrol): 349bhp, 2,894cc, S$515,888
- Plug-in Hybrid 4 2.9: 300bhp, 2,894cc, S$574,488
- Plug-in Hybrid 4 Executive 2.9: 464bhp, 2,894cc, S$605,688
- Plug-in Hybrid 4S 2.9: 349bhp, 2,894cc, S$645,388
- Plug-in Hybrid Turbo 4.0: 512bhp, 3,996cc, S$1,070,188
The petrol 2.9 is the lowest listed on that date. The Turbo is listed at more than double it. Prices move with COE, so ask the dealer for today's figure.
The quote form lists six versions, from the Panamera 2.9 to the GTS 4.0 and Turbo 4.0. Insurance below is for the Panamera 4S 2.9.
Category B, every time
The price page is clear on the COE. With a 2,894cc engine, above 1,600cc, the Panamera 4S 2.9 needs a Category B COE. That closed at S$131,901 in the October 2026 2nd round.
COE results change each round. The COE page has the newest figures.
Road tax
For the 2,894cc engine, LTA's formula gives S$2,260.76 a year before any age surcharge. Most versions on the list share that engine size. The 3,996cc Turbo pays more, and the road tax page works out its figure.
After 10 years, the surcharge applies:
- Above 10 years: +10%
- Above 11 years: +20%
- Above 12 years: +30%
- Above 13 years: +40%
- Above 14 years: +50%
Insurance on the standard profile
The Porsche Panamera price page prices this profile:
- Car: Panamera 4S 2.9, 3 years old, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 years
- NCD: 50%, no claims
- Repairs: authorised workshop, no options
2 insurers price it online. The lowest premium is S$1,647.77 a year, marked as an estimate. The other insurer's lowest plan is S$5,323.03. The gap is S$3,675.26, or 223%. Its top plan reaches S$7,335.68. All prices include 9% GST.
Seventeen insurers have no online price. One does not list the model online at all.
A 223% gap between two prices is large. It shows how differently insurers can rate the same car. With only two prices online, other quotes give you a fuller picture.
Excess against premium
The excess is your share of a claim. The lowest premium has a S$2,000 excess. The dearer plans ask only S$300.
So the lower premium comes with a much higher excess. If you claim, you pay S$2,000 first on that plan. Weigh the two together. Bear in mind too that the lower figure is an estimate.
Changing one detail
The price page shows the lowest premium with one thing changed. Both insurers price each case:
- No NCD: S$3,316.06, S$1,668.29 more
- 20% NCD: S$2,652.84, S$1,005.07 more
- Driver aged 27, 3 years' driving, 30% NCD: S$3,173.41, S$1,525.64 more
- Driver aged 65, 20 years' driving: S$1,734.54, S$86.77 more
- New car, registered this year: S$1,647.77, the same
- Car 8 years old: S$1,647.77, the same
The costliest change is losing your NCD: the lowest price rises 101%. The young driver's rise is a little smaller.
The car's age does not change the lowest price at all. The older driver pays only slightly more.
How it sits against similar cars
The price page compares the Panamera with six cars of similar engine size, same driver and car age:
- Alfa Romeo 166: S$2,897.48, 2 insurers
- Audi Q8: S$1,323.18, 8 insurers
- Audi A8: S$1,092.69, 11 insurers
- Audi Q7: S$1,002.60, 14 insurers
- Toyota Camry: S$872.39, 15 insurers
- Toyota Alphard: S$832.53, 15 insurers
Their average lowest price is S$1,336.81. The Panamera costs 23% more. Five of the six are cheaper to insure; only the Alfa Romeo 166 costs more. Other models are on the Porsche car insurance page.
Costs you set yourself
- Petrol and charging: petrol for all versions, plus charging for the plug-in hybrids. Your mileage decides the bill.
- Parking: season parking at home, and parking at work and in town.
- ERP: depends on routes and times.
- Servicing, tyres and brakes: follow the maker's schedule. Ask what the warranty covers.
- Depreciation: for a car at this list price, it can be a large yearly cost. It rests on what you pay and what the car fetches later.
Summary of yearly costs we can show
For the Porsche Panamera 4S 2.9:
- Road tax: S$2,260.76 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$1,647.77 a year, an estimate (1 November 2026)
- Insurance, no NCD: from S$3,316.06
- Insurance, driver aged 27 with 30% NCD: from S$3,173.41
One-off, for reference: list prices from S$515,888 to S$1,070,188 as listed on 2026-10-10. COE Category B closed at S$131,901 in the October 2026 2nd round.
Before you buy: car insurance for the Porsche Panamera
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Porsche Panamera to see today's prices from every insurer we compare and how they change with the driver and the car's age. Or get a quote with your own details.