Used 2024 Porsche Panamera for Sale nearSanta Barbara, CA

How much does the 2024 Porsche Panamera cost?

Prices have softened 9.32% compared to this time last year, making it a favorable time to shop this model year.

There are 400 listings available, which gives you a meaningful amount of inventory to compare.

Is the 2024 Porsche Panamera a good car?

The 2024 Porsche Panamera stands out because it is a heavily updated version of the second-generation car, retaining much of its basic structure while adding updated powertrains, tech, and bodywork changes that go beyond a typical mid-life refresh. It still blends sportiness and luxury, and it remains a distinctive choice for buyers who want a combustion-engine Porsche sedan with real performance character. The Panamera also keeps the brand’s four-door practicality, which has long been part of its appeal.

For 2024, the Panamera lineup is broad and performance-focused. The entry-level model uses an updated 2.9-liter V6 with 348 horsepower and rear-wheel drive, while the Panamera 4 is all-wheel drive like every other model in the range. Hybrid versions are a major part of the lineup, including the Panamera 4 E-Hybrid with 463 horsepower and a 0-60 mph time of less than four seconds, the Panamera 4S E-Hybrid with 536 horsepower, and the Panamera Turbo E-Hybrid with 512 horsepower, a 0-60 mph time of 3.0 seconds, and a top speed of 196 mph. At the top sits the Panamera Turbo S E-Hybrid, which delivers a combined 771 horsepower, 737 lb ft of torque, and a 0-60 mph time of 2.9 seconds.

Standard equipment is another strength. All versions include adaptive air suspension, LED headlights, a heated steering wheel, 14-way electric front seat adjustment, a panoramic roof, front and rear parking sensors, a rear-view camera, a power tailgate, wireless charging, and Apple CarPlay/Android Auto integration. Lane Change Assist, Lane Keep Assist, and automatic braking are also standard. The main tradeoff is price: the range starts at more than $113,000, and higher-spec versions can climb much higher, so the Panamera remains an expensive proposition even before options are added.

With 37% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2024 Porsche Panamera reliable?

The 2024 Porsche Panamera stands out because it is a heavily updated version of the second-generation car, retaining much of its basic structure while adding updated powertrains, tech, and bodywork changes that go beyond a typical mid-life refresh. It still blends sportiness and luxury, and it remains a distinctive choice for buyers who want a combustion-engine Porsche sedan with real performance character. The Panamera also keeps the brand’s four-door practicality, which has long been part of its appeal.

For used buyers, the long-term ownership risk is mainly tied to premium-car maintenance costs and the complexity that comes with a high-performance luxury sedan.

What should I look for when buying a used 2024 Porsche Panamera?

Accident-free inventory is excellent at 92% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the car’s records match its condition and mileage. Prioritize a pre-purchase inspection, especially on a performance-oriented luxury sedan where repairs can be expensive. Focus on wear items, electronics, and signs of uneven maintenance so you can separate a well-kept example from one that may cost more later.

Is now a good time to buy a used 2024 Porsche Panamera?

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile options.

• Deal availability: 37% of listings are priced as good or great deals.
• Inventory: There are 400 listings available.
• Price trend: Prices have softened 9.32% compared with last year.
• Clean inventory: 92% of listings are accident-free.

If you find a listing below $90,781, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Porsche Panamera's resale value?

The current average of $90,804 sits slightly below last year's $100,137.

That gap suggests the market has already adjusted downward, which can help you buy with less risk of immediate overpaying. If you plan to sell later, the current pricing trend means your resale outcome will depend heavily on condition, mileage, and how well the car is documented. A clean, well-maintained example should hold up better than one with visible wear or incomplete service history.

Should I buy a 2024 Porsche Panamera or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 37% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 9.32% compared with last year.

Consider the 2023 if:

• At $81,156, the 2023 costs less than the current year's $90,804 average.
• It offers a broader body-style lineup and a more varied drivetrain mix.

The 2024 is the better pick if you want the updated version and are comfortable paying more for it. If your priority is value, the 2023 is the smarter path because it costs less while still giving you the Panamera’s core strengths.

How does the 2024 Porsche Panamera compare to the 2024 BMW 7 Series?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.