April 2024: Market Outlook and Buying Recommendations

market-outlook april-2024 forecast buying-recommendation trends

April 2024: The Market Awakens

April marks the beginning of the active buying season in the used car market. We analyse what you can expect this month and which strategies pay off.

Expected Market Development April 2024

Price Forecast by Segment

SegmentMarch 2024April ForecastDevelopment
Convertibles+5%+8-10%Strongly rising
Roadsters+4%+6-8%Rising
SedansstablestableUnchanged
Estatesstable+1-2%Slightly rising
SUVs-2%-3-4%Continuing to fall
Diesel-3%-2-3%Continuing to fall

Seasonal Factors

FactorImpactAffected Segments
Spring beginningStrongly positiveConvertibles, Roadsters
Vehicle tax increaseNeutralAll
Easter holidaysSlightly positiveFamily cars
EU emission debateNegativeDiesel

Brand-Specific Outlooks

BMW April 2024

ModelCurrent PriceApril ForecastRecommendation
E46 320Ci Convertible€12,500€13,500-14,000Wait
Z3 2.8i€13,800€14,500-15,500Wait
E39 525i€7,200€7,200-7,400Buy now
E46 Touring€6,800€6,800-7,000Buy now
X5 E53 3.0d€11,500€10,800-11,200Wait

BMW Highlights:

  • Z models beginning seasonal increase
  • 5 Series E39 sedan offers best value
  • X5 E53 still under pressure due to consumption

Mercedes April 2024

ModelCurrent PriceApril ForecastRecommendation
SLK R170€11,200€12,000-12,800Wait
CLK 230K Convertible€14,500€15,500-16,500Wait
W210 E280€6,500€6,500-6,800Buy now
W203 Estate€5,800€5,800-6,000Buy now
ML W163€8,200€7,600-8,000Wait

Mercedes Highlights:

  • SLK entering peak season
  • E-Class W210 remains stable and attractive
  • ML W163 offers entry opportunity for patient buyers

Audi April 2024

ModelCurrent PriceApril ForecastRecommendation
TT 8N Roadster€9,800€10,500-11,200Wait
A4 B6 Convertible€11,500€12,200-13,000Wait
A4 B6 1.8T€5,200€5,200-5,400Buy now
A6 C5 Avant€6,800€6,800-7,000Buy now
Q7 4.2 TDI€15,800€14,800-15,500Wait

Audi Highlights:

  • TT Roadster with significant price increase expected
  • A4 sedan and Avant stable base
  • Q7 offers buying opportunity later in the year

Buying Strategies April 2024

Strategy 1: The Immediate Buyer

Situation: Needs a vehicle now

CategoryRecommendationBudget Tip
SedanBMW E39, Mercedes W210From €6,000 possible
EstateBMW E46 Touring, Audi A4 AvantFrom €5,500 possible
ConvertibleOnly with strong negotiationOffer 15% below asking
SUVWait or negotiate hardPrices still falling

Strategy 2: The Patient Buyer

Situation: Can wait 3-6 months

WishBest Buy TimeSavings
ConvertibleSeptember-November15-20%
RoadsterOctober-December12-18%
SUVJune-August5-10%
DieselNow or laterTrend downward

Strategy 3: The Investor

Situation: Looking for appreciation potential

ModelCurrent PricePotential 5 Years
BMW E30 Convertible€18,000++30-50%
Mercedes W124 Convertible€20,000++25-40%
BMW Z1€45,000++20-35%
Audi RS4 B5 Avant€55,000++40-60%

Budget Recommendations April 2024

Up to €5,000

ModelRealistic FindingCondition
Audi A4 B5 1.8€3,500-4,500Good, higher mileage
BMW E36 316i€3,000-4,500Good, check for rust
Mercedes W202 C180€3,500-4,800Good, avoid automatic

€5,000 - €10,000

ModelRealistic FindingCondition
BMW E39 525i€6,500-8,500Good to very good
Mercedes W210 E280€5,500-7,500Good to very good
Audi A4 B6 1.8T€5,000-7,000Very good

€10,000 - €15,000

ModelRealistic FindingCondition
BMW E46 330i€10,000-13,000Very good
Mercedes W211 E320€11,000-14,000Very good
Audi A6 C6 3.0 TDI€12,000-15,000Very good

Negotiation Tips for April

For Convertibles (rising market)

ArgumentPotentialApplication
”Season just started”LowEarly in month
”Maintenance needed”MediumWith defects
”Immediate cash payment”MediumPrivate sales
”Comparison offers”HighAlways use

For Sedans/Estates (stable market)

ArgumentPotentialApplication
”High mileage”HighOver 150,000 km
”Maintenance due”MediumOlder models
”Different colour preference”MediumUnpopular colours
”Quick decision”MediumLong-standing stock

April 2024 Conclusion

April 2024 offers mixed opportunities: Sedans and estates are available at fair prices, while convertibles and roadsters enter the expensive spring season. SUVs and diesel models continue to show weakness.

Our Top 3 Recommendations:

  1. BMW E39 525i/530i - Classic at fair price, stable values
  2. Mercedes W210 E-Class - Excellent value for money
  3. Audi A4 B6 Avant - Solid daily companion under €6,000

Hands Off in April:

  1. All convertibles - Waiting for autumn saves 15-20%
  2. BMW Z3/Z4 - Seasonal price increase begins
  3. Mercedes SLK - October offers better prices

Forecasts based on our continuous market analysis. As of: April 1, 2024