Porsche Panamera vs BMW M5

What's the difference?

While we didn’t get to sample the full breadth of the range, our time in the base Panamera demonstrated that while it’s the most overlooked member of the Porsche family it might also be the most under-rated.

While it may not be the most spacious luxury sedan it does offer ample space and combines it with performance and handling that’s hard to beat. The price drop should help make it a more appealing prospect, although at nearly $200,000 it’s still clearly a premium prospect for a lucky few.

The term bigger is better doesn't often apply to performance cars, but it fits the M5 Competition perfectly. Big inside, but small outside when it matters, BMW's new performance flagship might be expensive, but there's no shortage of bang for those bucks.

When the second generation Panamera arrived in 2017 it was widely praised for its design. The new model allowed Porsche’s stylists to tidy up the somewhat puffy design of the original whilst still retaining a clear family link to the 911.

For this mid-life update Porsche has only made some minor nip and tucks rather than a major facelift. The changes centre around the front end, where the 'Sport Design' package that was optional is now standard across the range. It has different air intakes and larger side cooling openings for a more dynamic look.

At the rear there’s a new light strip that runs across the boot lid to connect to the LED tail-lights, creating a more seamless appearance. 

The Turbo S also gets a unique front end treatment, to further separate it from the previous Turbo. It gets even larger side air intakes that are connected via a body-coloured horizontal element so it stands out from the rest of the range.

Overall it’s hard to fault Porsche’s decision to not meddle in the design too much. The shape of the Panamera, like a stretched 911 in silhouette, has grown on people over time and the changes they made for the second generation, making it tauter and more athletic in appearance, didn’t need change for the sake of change. 

Let’s start with the new stuff, shall we? The BMW M5 Competition gets a new colour ('Frozen Dark Silver'), as well as new 20-inch (and lightweight) alloy wheel designs, and the grille, aero-designed wing mirrors and boot lip are finished in high-gloss black. The quad exhaust pipes are a black, too, as is the rear diffuser. Elsewhere outside, though, it’s the more muscular 5 Series of old.

Parked next to the much smaller M2, you quickly realise just how much bulk the M5 is carrying. It stretches 4966mm in length and 1903mm in width, and it looks every centimetre of those dimensions in the metal.

Climb inside, and you’re greeted with the familiar BMW interior design, with a huge centre screen, digital driver’s binnacle and a spaceship-level number of buttons surrounding the shift lever. The M5 Competition also arrives with full leather (seats and dash) trim, with carbon-effect dash inserts and aluminium pedal and foot rest trims.

Is it the most adventurous design treatment, inside or out, that we’ve ever seen? Well, no. But it looks polished and premium outside, and feels plenty comfortable inside.

As the limousine of the Porsche family there’s a big emphasis on space and practicality for the Panamera. But there’s a big difference between a Porsche limo and the rest of the German ‘Big Three’, which is why the Panamera’s closest rivals are the sportier A7/8 Series/CLS and not the bigger A8/7 Series/S-Class. 

The Panamera isn’t small, stretching more than 5.0m in length, but because of its 911-inspired sloping roofline rear headroom is compromised. Adults under 180cm (5' 11") will be comfortable but anyone taller may find their heads bumping the roof.

The Panamera is available as both a four- and five-seater, but in a practical sense it would be hard to carry five. The rear middle seat is technically available with a seatbelt but heavily compromised by the rear air-vents and tray that sit on the transmission tunnel and effectively remove anywhere to put your legs.

On the plus side, the outboard rear seats are excellent sports buckets, so they offer great support when the driver exploits the Panamera’s sporty chassis.

This only applies to the standard wheelbase model, the Executive adds 150mm to its wheelbase which primarily helps create some more rear legroom. But we didn’t get a chance to test that for ourselves on this initial launch drive, so we can’t verify Porsche’s claims.

Those in the front get excellent sports seats across the range, offering lateral support whilst still being comfortable.

As far as performance cars go, the M5 Competition is a rolling Swiss Army Knife. For one, it’s bloody massive, which pays considerable dividends for passengers. 

Up-front, the seats are far enough apart to ensure you’ll be rubbing shoulders with exactly nobody. The centre console Is super wide (all the better for fitting all those buttons), allowing for a sizeable centre storage bin, joined by two cupholders and a second storage bin in front of the shifter which is also home to your USB, power and 'aux-in' connections.

In the back, there’s business-class levels of leg and headroom, and you can even fit another whole adult in the centre seat if you’re so inclined. The pull-down seat divider is home to two extra cupholders, sitting in front of a thick armrest, and the rear air vents get their own temperature controls. There’s an ISOFIX attachment point in each window seat, too. Pop the capacious boot and you’ll find 530 litres of storage space.

Parking the M5 Competition on your driveway will require a $229,000 investment. That's not chump change, and a considerable jump over the regular M5, which arrived (in launch-edition guise) wearing a $199,529 price tag.

Outside, that money buys you new and lightweight 20-inch alloys, LED headlights with auto-dipping and active cornering, keyless entry and a four-tipped sports exhaust. Inside, expect a 'full leather' interior (seats, dash and door inserts),a nav-equipped screen which pairs with a 16-speaker stereo (but Apple CarPlay is a cost option) and dual-zone climate control.

Performance wise, M-designed variable dampers, a lightweight carbon-composite roof and a M sports exhaust all join the standard features list. Still, $30,000 is fair jump over the standard (and well equipped) M5. But if money is no object, you'll be buying plenty of fun. 

As mentioned earlier there’s a smorgasbord of powertrains for the Panamera range with a variety of V6 turbo, V8 turbo and hybrid variants of both to choose from.

The entry-level model, known simply as Panamera, gets the 2.9-litre twin-turbo V6 making 243kW/450Nm and paired to an eight-speed dual-clutch transmission and sending drive to the rear-wheels. 

Step up to the Panamera 4, 4 Executive and 4 Sport Turismo and you get the same engine and transmission but all-wheel drive.

The Panamera 4 E-Hybrid range (which includes Executive and Sport Turismo) has the same 2.9-litre twin-turbo V6 but adds a 100kW electric motor. 

That means a combined system output of 340kW/700Nm, driving through the same eight-speed dual-clutch and all-wheel drive system as the non-hybrid variants.

The Panamera 4S E-Hybrid gets an upgraded 17.9kWh battery, replacing the old model’s 14.1kWh version. It also gets a more powerful version of the 2.9-litre V6, tuned to make 324kW, which ups the total output to 412kW/750Nm; again with the eight-speed dual-clutch and all-wheel drive. 

The Panamera GTS uses the brand’s 4.0-litre twin-turbo V8 engine, tuned to make 353kW/620Nm, also with the eight-speed ‘box and all-wheel drive. 

The Turbo S uses the same engine but it gets a new tune to bump performance to 463kW/820Nm; that’s a 59kW/50Nm increase over the old model’s Turbo, hence Porsche’s justification in adding the ‘S’ to this new version.

And if that’s still not enough grunt, the Panamera Turbo S E-Hybrid adds the 100kW electric motor to the 4.0-litre V8 and the combination produces 515kW/870Nm.

Interestingly, despite the extra power and torque, the Turbo S E-Hybrid isn’t the fastest accelerating Panamera. The lighter Turbo S does the 0-100km/h sprint in 3.1 seconds, while the Hybrid takes 3.2 seconds. 

However, the 4S E-Hybrid does manage to out-accelerate the GTS despite using the V6 engine, taking just 3.7 seconds compared to the 3.9 seconds it takes the V8-powered GTS.

But even the entry-level Panamera still does a very rapid 5.6 second 0-100km/h dash, so none of the range can be called slow.

Yes, our all-electric future feels inevitable. And yes, there’s much fun and performance to be had from battery-powered EVs. But you can’t help but hope that future is a Star Wars style far, far away when you get acquainted with the BMW M5 Competition’s monstrous twin-turbo V8.

It’s good for a wondrous 460kW (up 19kW on the regular M5) and 750Nm. Both of which are big numbers, which are fed to all four wheels via an eight-speed 'M Steptronic' automatic. Happily, you can, at the push of some buttons, make the M5 a rear-driver again. It’s slower, but damn if it ain’t much more fun.

As a result, the performance numbers need to be seen (or better yet; felt) to be believed. The near-two-tonne M5 Competition will blaze from 0-100km/h in 3.3secs, 0-200km/h in 10.8secs, and push on to a limited top speed of 250km/h (or 305km/h, provided you do some BMW driver training).

We didn’t get a chance to test all the variants and run the numbers against Porsche’s claims. Again, in an unsurprising development the hugely diverse range of powertrains leads to a wide spread of fuel economy numbers. 

The leader of the pack is the 4 E-Hybrid which uses just 2.6 litres per 100km, according to the company, just ahead of the 4S E-Hybrid with a 2.7L/100km claim. Despite all of its performance the Turbo S E-Hybrid still manages to return a claimed 3.2L/100km.

The entry-level Panamera we spent the majority of the time in uses a claimed 9.2L/100km. The Panamera GTS is the least-efficient, with a claimed 11.7L/100km return, which puts it ahead of the Turbo S and its 11.6L/100km figure.

Well, BMW tells us you’ll return 10.7-10.8 litres per hundred kilometres on the combined cycle. But we would suggest that’s unlikely, unless you have Miss Daisy lounging in the back seat. Drive it like you definitely will drive it, and you can expect to pay for that privilege at the pump. 

Emissions are a claimed 243-246g/km of CO2, and the M5 Competition’s 68-litre tank will demand a premium unleaded petrol.

This is where the Panamera really excels. With every vehicle it builds, Porsche works to make it drive as close to a sports car as possible, even if it's an SUV or, in this case, a large, luxury sedan.

Although Porsche has an extensive range, our test drive was primarily focused on the entry-level model. That’s no bad thing as it’s likely to be the biggest seller in the range, but also because it’s an excellent example of a sports sedan done well.

It may be the first rung on the ladder, but the Panamera doesn’t feel like it's basic or missing anything important. The engine is a gem, the chassis is well sorted and the standard equipment level of Australian models is higher than average.

The 2.9-litre V6 twin-turbo makes a nice noise, a melodious V6 burble, and delivers plenty of punch when needed. Even though it tips the scales at more than 1800kg the V6 with its 450Nm of torque helps punch it out of corners with intent.

The corners is where the Panamera really shines. Even by the highest sports sedan standards the Panamera is a class-leader thanks to all of Porsche’s decades of know-how being poured into its development.

Point the Panamera at a bend and the nose responds with the kind of precision you expect from a sports car. 

The steering provides accuracy and loads of feedback, so you can place the car accurately despite its size. 

You do notice its size and weight as you get into the middle of the corner, but that’s no different from any of its rivals as you can’t fight physics. But for a luxury sports sedan, the Panamera is a star.

To add another layer to its appeal, the Panamera rides with excellent poise and comfort despite its sporting nature. 

Often sports sedans tend to focus too much on handling and stiffer suspension settings at the expense of ride comfort, but Porsche has managed to strike a great balance between the two seemingly opposing characteristics.

Things this large simply shouldn’t be this potent. Like John Goodman suddenly toppling Usain Bolt at the Olympics, the BMW M5 Competition is bulk-defyingly good at the fast stuff.

The secret is its ability to hide those sprawling dimensions on a race circuit or twisting road. BMW’s engineers have poured plenty of work into stiffening the chassis of the M5 Competition, from new anti-roll mounts to additional under-bonnet bracing, to make the brand’s biggest performance sedan feel more lithe and responsive when pushed. 

And while its size never vanishes completely - and you find yourself praying you don’t encounter oncoming traffic on skinnier roads - engaging the Competition’s sportiest settings unlocks a Copperfield-level vanishing act.

The engine helps too, of course, pushing the M5 along with staggering ease, even when you’re pottering at suburban speeds. But really flatten your foot and the big V8 will force you to reassess your knowledge of physics. It’s really very fast, the Competition, the power flowing uninterrupted to the tyres, the engine still very willing to deliver more oomph long after your courage has jumped ship. 

The steering, direct though it is, lacks some natural feel, but you are always left with the impression that the Competition is going to go where you point it.

More fun stuff? Well, you can switch the traction control to a half-off setting, allowing for some smoking, drifting heroics before it drags you back into line. BMW calls it M mode, and it’s designed to make a hero of even the most ham-fisted of pilots, myself included. The braver still can deactivate traction control all together which, combined with rear-wheel-drive mode, turns the M5 Competition into the biggest and possibly most expensive drift car of all time .

Away from the track, though, the Competition version of the M5 is almost as good as transforming into a comfortable everyday commuter as its less hairy siblings. The adaptive suspension can be softened, and the steering lightened, to make toppling traffic a doddle. 

The keen-eyed among you might well have noticed we’re yet to touch on any major downsides of the drive experience. And you'd be correct. 

BMW is yet to confirm full specifications for the M5 Competition, but you can expect the safety offering to largely mirror that of the regular M5. And while the performance variant has not been crash tested, the regular 5 Series was awarded the maximum five-star safety rating.

Expect dual front, side and curtain airbags, as well as a knee bag for the driver, and a parking camera. You'll also find AEB, active cruise (which allows for brief spells of autonomy), thanks to its lane-keep assist. 

Service intervals are annually or every 15,000km (whichever comes first) for routine oil changes, with every second year a more significant inspection. 

Prices vary state-to-state due to different labour costs, but as an indication Victorian residents pay $695 for the annual oil change, while the inspection costs $995. 

There are other notable charges you should factor in, including brake fluid every two years for $270, while every four years you need to change spark plugs, transmission oil and air filters which add up to an extra $2129, on top of the $995.

The Panamera is covered by Porsche’s typical three-year warranty/unlimited kilometre, which used to be the industry standard but is increasingly becoming less typical.

The ownership package is yet to be confirmed, the M5 Competition will be covered by BMW’s three-year/unlimited kilometre warranty. 

Service intervals are condition, rather than time or distance, based, so the car will tell you when servicing is required.