2004 Panoz Esperante GT – Is $13,500 a Good Deal?

2004 Panoz Esperante GT – Price, Design, and What to Expect Bottom line: At $13,500 the 2004 Panoz Esperante GT looks cheap, but its age, limited parts network,. Complete details, specifications & price comparison.

2004 Panoz Esperante GT – Price, Design, and What to Expect

Bottom line: At $13,500 the 2004 Panoz Esperante GT looks cheap, but its age, limited parts network, and modest performance mean you should only buy it if you love the car’s unique styling and are ready for extra maintenance.

Design & Looks

The Esperante GT wears a low, wide‑body shape with a long hood and a short rear deck. Its fiberglass body panels give it a sleek, race‑inspired silhouette that still turns heads today. Inside, you’ll find a driver‑focused cockpit with simple analog gauges, a small leather‑trimmed steering wheel, and vintage‑style seats. The car’s design is more about heritage than daily comfort, so expect a firm ride and minimal sound insulation.

Performance & Mileage

Under the bonnet sits a 5.0‑liter V8 that pushes around 340 hp. It’s a naturally aspirated engine that loves to rev, delivering a raw, analog feel. Because the car is over 20 years old, mileage can vary widely; many examples sit between 45,000 and 80,000 miles. Fuel economy is modest – roughly 12‑14 mpg city and 18‑20 mpg highway – so it’s not a commuter. The rear‑wheel‑drive layout provides lively handling, especially on twisty roads, but the chassis can feel a bit loose if the suspension components have aged.

Price & Rivals

At $13,500 the Esperante GT is priced below many modern sports cars, but it also competes with older Porsche 911 (993) models and cheap Corvette C5s. Those rivals often have a broader dealer network, easier parts sourcing, and more refined interiors. The Panoz, however, offers a rare American‑made exotic feel that you won’t find on a typical Japanese sports sedan.

EngineMileagePriceTop Features
5.0 L V8 (≈340 hp)45‑80 k mi (varies)$13,500
  • Fiberglass body panels
  • Rear‑wheel drive
  • Analog gauges
  • Limited production (≈90 units)

FAQ

What is the typical fuel mileage for a 2004 Panoz Esperante GT?
Expect about 12‑14 mpg in the city and 18‑20 mpg on the highway.

Is the 2004 Panoz Esperante GT worth buying for a first sports car?
Probably not. Its limited service network and older technology make it better suited for enthusiasts who enjoy DIY upkeep.

How does the price compare to similar cars from the same era?
It undercuts a used Porsche 911 (993) and a low‑mileage Corvette C5, but those cars often have more reliable parts sourcing.

Do you think the Esperante GT is a smart purchase at this price? Leave a comment below and share your thoughts.

Source: Read Official News


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