Used 2006 Panoz Esperante Convertible

2006 Panoz Esperante
List price range
2006 Panoz Esperante


  • Solid structural integrity, balanced handling, aggressive exhaust note.


  • Stability control and side airbags not available, steering lacks road feel, odd ergonomics.
Panoz Esperante years

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Edmunds' Expert Review

An exotic in the classic sense, the 2006 Panoz Esperante combines quirky ergonomics with sexy lines, thrilling performance and the smug satisfaction that yours will most likely be the only one at the country club.

vehicle overview

Constructed in a small factory in rural Georgia, the Esperante is the realized dream of Daniel Panoz. Frustrated with the fact that exotic high-performance sports cars were the exclusive domain of European manufacturers, Daniel set out to build an all-American sports car that would not only challenge the world's top nameplates, but would do so with a more reliable, easy-to-own package than those often-temperamental Euros.

A marriage of Panoz's chassis expertise and readily available Ford V8 power, the Esperante has a sleek, Jaguar-like style. The body and impressively rigid chassis are hand-built and comprised of aluminum for light weight. Panoz has been a proponent of aluminum construction since the company opened its doors in the late 1980s. The chief benefit of aluminum is its ability to provide the stiffness of steel with less weight. Panoz uses aerospace methods to form the Esperante's body. An all-aluminum space frame serves as the car's backbone and carbon-fiber is used to join the body to the frame.

A 4.6-liter V8, gunning out 320 horsepower, sits under the long hood and drivers can choose between a manual or automatic transmission. Should a 5.1-second 0-60 time and a top speed of 155 (electronically limited) not be sufficient, there is also the GTLM model that ups the ante to 420 horsepower, thanks to a supercharger. The car's lightweight, rigid chassis and growling V8 make for a visceral feel on the road and impressive numbers at the track.

While it may not possess all the electronic wizardry found in the latest German roadsters or the outright performance of a Corvette Z06, the Esperante has something else -- a raw, unencumbered feel that gives it a personality that the competition left behind long ago in search of new customers.

2006 Panoz Esperante configurations

Both coupe and roadster versions of the Panoz Esperante are offered, each available in base, GT and GTLM trim levels. Standard features include a full leather interior, a power top for the roadster and a Rockford-Fosgate audio system. Optional are carbon-fiber spoilers, a variety of BBS alloy wheels, upgraded Brembo brakes, a 10-disc CD changer, custom-matched luggage and even matching golf bags. The GT adds more aggressive suspension tuning, a lighter body and revised fascias. The GTLM includes all of the GT's equipment plus a supercharged engine.

2006 Highlights

A handful of new options debut this year: color-matched brake calipers, painted valve covers, a 10-disc CD changer and a couple of new 18-inch wheels.

Performance & mpg

A Ford-based 4.6-liter V8 with 320 horsepower and 317 pound-feet of torque powers the base and GT versions of the Esperante. The GTLM includes a supercharged version of that V8 good for 420 hp. A five-speed manual is standard, with a four-speed automatic available as an option. Panoz claims that the non-supercharged Esperante will run from zero to 60 mph in 5.1 seconds, through the quarter-mile in 13.7 seconds and on to a top speed (limited electronically) of 155 mph.

Safety: Traction control and antilock brakes highlight the safety features list. Side airbags and stability control aren't available. Panoz claims that the Esperante's aluminum intensive and modular construction makes the sports car more crashworthy, especially in side impacts.


Traction control and antilock brakes highlight the safety features list. Side airbags and stability control aren't available. Panoz claims that the Esperante's aluminum intensive and modular construction makes the sports car more crashworthy, especially in side impacts.


With its bellowing exhaust and a shifter that moves with the precise action of a rifle bolt, the Panoz Esperante is a blast to rip through the gears. The acceleration doesn't seem to let up as speed climbs. And when the road gets twisty, a balanced chassis and minimal body roll allow rapid progress to be made without having to endure a harsh ride. The demerits are few, but include a touchy steering rack that's down on road feel.


An elegant cockpit features a center-mounted instrument panel, white-faced gauges, real wood trim (carbon fiber is optional) and a gorgeous aluminum shifter. A few strange elements are present, however, such as a headlight switch obviously sourced from Ford, hidden power mirror controls and a hand brake that can be a knuckle bruiser if care isn't taken when releasing it. Wind buffeting with the top down is minimal. A plastic rear window is disappointing, given that the Esperante's competitors all have glass in back.

Consumer reviews

Read what other owners think about the 2006 Panoz Esperante.

Overall Consumer Rating

Most helpful consumer reviews

Panoz Rocks
This car attracts more attention than any car I have owned. It is beautiful in styling and build quality, very functional, and very cool. It handles like a dream and has a great exhaust note. Everyone wants to know what it is and what it cost.
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Features & Specs

N/A city / N/A hwy
Seats 2
5-speed manual
305 hp @ 5800 rpm
N/A city / N/A hwy
Seats 2
6-speed manual
420 hp @ 6000 rpm
N/A city / N/A hwy
Seats 2
5-speed manual
305 hp @ 5800 rpm
See all Used 2006 Panoz Esperante Convertible features & specs
More about the 2006 Panoz Esperante
Used 2006 Panoz Esperante Convertible Overview

The Used 2006 Panoz Esperante Convertible is offered in the following styles: GT 2dr Convertible (4.6L 8cyl 5M), GTLM 2dr Convertible (4.6L 8cyl S/C 6M), and 2dr Convertible (4.6L 8cyl 5M).

What's a good price on a Used 2006 Panoz Esperante Convertible?

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Find a used Panoz Esperante for sale - 9 great deals out of 21 listings starting at $24,995.

Find a used Panoz for sale - 8 great deals out of 18 listings starting at $15,652.

Find a used certified pre-owned Panoz Esperante for sale - 12 great deals out of 21 listings starting at $8,903.

Find a used certified pre-owned Panoz for sale - 2 great deals out of 6 listings starting at $24,910.

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Should I lease or buy a 2006 Panoz Esperante?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

Check out Panoz lease specials
Check out Panoz Esperante lease specials