2023 Porsche Panamera plug-in hybrid vs gas: is the plug-in worth it?

4 E-Hybrid AWD vs 4 AWD

No. Does not pay back in 6 years.

31.2years to pay back

Plug-in: $12,000 more. Saves $384 a year.
Break-even: 374,700 miles.
No gas trim with the same name. Cheapest gas AWD/4WD trim used.
12,000 miles a year. Gas $3.20. Electricity 17 cents a kWh. Plug-ins: 50% of miles on electricity.

Bars: total energy saving after each year. Dashed line: the $12,000 price gap.

Every plug-in pair

2023 Porsche Panamera plug-in hybrid vs gas: every pair
Pair	MSRP	Rating	Energy a year	Price gap	Saves a year	Payback	Ahead after 6 years
4 E-Hybrid AWD 4 AWD	$109,000 $97,000	22 mpg, 65 kWh/100 mi 20 mpg	$1,536 $1,920	$12,000	$384	31.2 years	Gas, $9,694
4 E-Hybrid Sport Turismo AWD 4 AWD	$113,000 $97,000	22 mpg, 65 kWh/100 mi 20 mpg	$1,536 $1,920	$16,000	$384	41.6 years	Gas, $13,694
4 E-Hybrid Executive AWD 4 AWD	$113,500 $97,000	22 mpg, 65 kWh/100 mi 20 mpg	$1,536 $1,920	$16,500	$384	42.9 years	Gas, $14,194
4 E-Hybrid Platinum Edition AWD 4 AWD	$118,800 $97,000	22 mpg, 65 kWh/100 mi 20 mpg	$1,536 $1,920	$21,800	$384	56.7 years	Gas, $19,494
4S E-Hybrid AWD 4 AWD	$119,200 $97,000	22 mpg, 67 kWh/100 mi 20 mpg	$1,556 $1,920	$22,200	$364	61.0 years	Gas, $20,017
4S E-Hybrid Sport Turismo AWD 4 AWD	$123,200 $97,000	22 mpg, 67 kWh/100 mi 20 mpg	$1,556 $1,920	$26,200	$364	72.0 years	Gas, $24,017
4S E-Hybrid Executive AWD 4 AWD	$130,500 $97,000	22 mpg, 67 kWh/100 mi 20 mpg	$1,556 $1,920	$33,500	$364	92.1 years	Gas, $31,317

4 E-Hybrid AWD vs 4 AWD: other differences
Measure	Plug-in	Gas	Change
Horsepower	455 hp	325 hp	+130 hp
Max towing	7,716 lb	4,850 lb	+2,866 lb
Cargo, seats up	14.2 cu ft	17.6 cu ft	-3.4 cu ft

No. Does not pay back in 6 years. Turbo S E-Hybrid AWD vs 4 AWD.

2023 Porsche Panamera hybrid vs gas: every pair
Pair	MSRP	Rating	Energy a year	Price gap	Saves a year	Payback	Ahead after 6 years
Turbo S E-Hybrid AWD 4 AWD	$196,400 $97,000	19 mpg 20 mpg	$2,021 $1,920	$99,400	-$101	Never	Gas, $100,006
Turbo S E-Hybrid Sport Turismo AWD 4 AWD	$200,400 $97,000	19 mpg 20 mpg	$2,021 $1,920	$103,400	-$101	Never	Gas, $104,006
Turbo S E-Hybrid Executive AWD 4 AWD	$206,800 $97,000	19 mpg 20 mpg	$2,021 $1,920	$109,800	-$101	Never	Gas, $110,406

Incentives, insurance, upkeep and resale are not included.

Your own mpg will differ.