Market Report February 2024: Spring Awakening in the Used Car Market

February 2024: Market Overview

February shows first signs of the spring market. Demand is rising, especially for convertibles and sports cars.

Current Prices by Brand

BMW

Model	Average	Change	Listings
E38 7 Series	€16,200	+2%	45
E39 5 Series	€8,050	+2%	86
E46 3 Series	€6,950	+3%	148
E39 M5	€33,800	+2%	14
E90 3 Series	€8,350	-1%	108

Mercedes-Benz

Model	Average	Change	Listings
W140 S-Class	€13,950	+2%	33
W210 E-Class	€5,850	+2%	75
W124 E-Class	€12,500	+3%	36
CLK W209	€8,650	+4%	42
SLK R171	€9,800	+6%	28

Audi

Model	Average	Change	Listings
B5 A4/S4	€6,150	+2%	65
C6 A6	€10,050	stable	92
RS4 B5	€44,200	+2%	7
TT 8N	€8,200	+5%	38

Seasonal Analysis

February Patterns

Demand rising: +18% compared to January
Convertible boom starting: Prices already rising
Dealer activity: Spring offers launching

Weather Influence

The mild February led to:

Early convertible interest
More viewings
Shorter listing times

Spring Forecast

Expected Price Development March-May

Segment	Expectation	Reason
Convertibles	+8-12%	Season start
Coupes	+3-5%	Spillover effect
Sedans	stable	Year-round demand
Sports cars	+5-8%	Spring feeling

Top Deals of the Month

Buy Now (Before Spring Premium)

Mercedes SLK R171 350 - Average €12,500

Still before seasonal increase
V6 power in compact format
Vario roof for flexibility

BMW Z4 E85 3.0i - Average €11,800

Classic roadster form
Proven inline-six
Value stable

Be Patient

E46 M3 Convertible: Prices will drop in summer
CLK W209 Convertible: Currently overpriced

Recommendations

Buy Now

Mercedes SLK R171 - Before seasonal premiums
BMW E38 7 Series - Steadily rising
Audi TT 8N - Still affordable convertible icon

Wait

Convertibles in high summer (July/August)
M/AMG models after Easter rush

All data based on our continuous market analysis. As of: February 26, 2024