Panda 40 Buyer's Guide
Shopping the used Panda 40 means considering a Robert H. Perry design from the early eighties, built by Ta Shing Yacht Building Ltd. in Taiwan, with a solid-fiberglass hull and long keel. These boats are found in the United States and Australia, and the brokerage examples tend to reflect a cruiser laid out for extended independent voyaging rather than minimal coastal use.
Layouts on the Used Market
The Panda 40 carries two cabins with a berth plan of four plus three, a teak interior, a galley, and a toilet facility. Her 174-gallon fresh-water tank and 105-gallon fuel tank are integral to the cruising layout, supporting the separate sleeping spaces without compromise. The two-cabin arrangement with a saloon berth complement points to a couple-oriented interior where guests are accommodated without sacrificing the owner's stateroom. The teak finish throughout reflects the period expectation of a warm enclosed cabin rather than a sparse utility interior.
Equipment and Common Upgrades
On the used market the Panda 40 commonly carries a bimini, dodger, chartplotter, inverter, furling main, autopilot, heating, bow thruster, hot water, teak decks, and radar. Often-seen upgrades include a watermaker, solar, lithium batteries, electric winches, freezer, cockpit shower, AIS, and life raft. For a buyer, the power-and-energy cluster — inverter, solar, lithium, and watermaker — determines whether the boat is already set for off-grid anchoring or needs a costly refit; the canvas-and-safety cluster of bimini, dodger, autopilot, and life raft speaks to whether she is equipped for shorthanded passage-making. The bow thruster and electric winches, where fitted, ease close-quarters handling given the long-keel form and 29,000-pound displacement.
What to Inspect
The Panda 40 hull and deck are solid fiberglass, so a survey should focus on the structure as built rather than core degradation. The long-keel draft varies between 6.0 and 6.30 feet with load, so confirm the as-floated draft against the broker's figure. The Panda 40 may be equipped with an inboard Yanmar 150 EH diesel at 52 hp with shaft drive, the known installation; check the shaft seal and transmission alignment as you would on any shaft-drive cruiser. The teak interior and commonly fitted teak decks deserve a close look for weathering and fastening, given the material's maintenance demands.
Availability and Buyer's Takeaway
The Panda 40 appears in the United States and Australia. A buyer's checklist: confirm the two-cabin teak layout and tank capacities match your cruising plan; verify the cutter rig and halyard dimensions (mainsail and genoa halyards at 119.3 feet, half-inch) for wear; assess whether the commonly fitted and often-seen equipment already covers your power, navigation, and safety needs; and survey the solid-fiberglass hull and long-keel grounding points carefully.
Price & volume trends
Monthly asking-price and listing-volume trends for the Panda 40. The line shows the median ask each month; the bars show how many listings appeared.
Monthly breakdown · 4 rows
| Month | Listings | Median ask | Δ vs. last mo. |
|---|---|---|---|
| Jan 26 | 1 | $115,132 | — |
| Apr 26 | 4 | $99,900 | -13.2% |
| Jul 26 | 1 | $99,900 | 0.0% |
| Aug 26 | 1 | $85,630 | -14.3% |
Where they're listed
Panda 40 listings appear across 2 countries. United States has the most listings with 5 (71.4%), followed by Australia.
Country view
7 listings · 2 countries| Country | Median ask | Listings · 12 mo | Active · 90 d | Share |
|---|---|---|---|---|
| United States | $99,900 | 5 | 1 | 71.4% |
| Australia | $100,381 | 2 | 1 | 28.6% |
Comparable models
Similar length, displacement, and era. Open a row to compare that model's market page.
Similar boats to compare
3 similar designs| Model | LOA | Median ask | Listings · 12 mo | Active · 90 d |
|---|---|---|---|---|
| Island Packet 40 | 40' | $ 159,000 | 55 | 21 |
| Passport 40 | 39.42' | $ 99,000 | 27 | 4 |
| Ta Shing 40You are here | — | $ 99,900 | 7 | 2 |