Market Report April 2024: Spring Revival in the Used Car Market
market-analysis april-2024 monthly-report price-trends
April 2024: Market Overview
April brings the expected spring revival. After a subdued first quarter, the market shows significant activity increases. Convertibles and roadsters begin their seasonal upward movement.
Current Prices by Brand
BMW
| Model | Average | Change | Listings |
|---|---|---|---|
| E38 7 Series | €15,800 | +2% | 45 |
| E39 5 Series | €7,650 | stable | 86 |
| E46 3 Series | €6,920 | stable | 165 |
| E36 3 Series | €5,200 | +2% | 82 |
| Z3 Roadster | €10,400 | +5% | 58 |
Mercedes-Benz
| Model | Average | Change | Listings |
|---|---|---|---|
| W140 S-Class | €13,500 | +1% | 40 |
| W210 E-Class | €5,620 | stable | 75 |
| W124 E-Class | €11,800 | +2% | 42 |
| R170 SLK | €8,100 | +4% | 68 |
| R129 SL | €27,500 | +3% | 32 |
Audi
| Model | Average | Change | Listings |
|---|---|---|---|
| B5 A4/S4 | €6,000 | stable | 65 |
| C5 A6 | €5,480 | stable | 78 |
| D2 A8 | €8,700 | +1% | 26 |
| 8N TT | €8,500 | +4% | 55 |
Seasonal Trends April
Spring Winners
| Category | Price Increase | Reason |
|---|---|---|
| Convertibles | +4-5% | Season start |
| Roadsters | +4-6% | Demand rising |
| Sports Cars | +2-3% | Spring business |
Stable Categories
| Category | Trend | Note |
|---|---|---|
| Sedans | stable | Base demand |
| Estates | stable | Family demand |
| SUV | -1% | Fuel prices |
Market Indicators
Listing Volume
| Brand | April 2024 | March 2024 | Change |
|---|---|---|---|
| BMW | 436 | 412 | +5.8% |
| Mercedes | 363 | 348 | +4.3% |
| Audi | 289 | 278 | +4.0% |
| Total | 1,088 | 1,038 | +4.8% |
Average Time on Market
| Price Segment | Time | Trend |
|---|---|---|
| < €5,000 | 32 days | -2 days |
| €5,000-10,000 | 45 days | stable |
| €10,000-20,000 | 58 days | +1 day |
| > €20,000 | 82 days | +3 days |
Mileage Correlation
| Model Category | Correlation | Interpretation |
|---|---|---|
| BMW Youngtimers | -0.51 | Condition more important |
| Mercedes Classics | -0.42 | History decisive |
| Audi Sport | -0.65 | Mileage very relevant |
| Convertibles | -0.48 | Care more important |
Top Deals April 2024
Under €7,000
BMW E46 318i - Average €4,800
- Economical entry
- Reliable N42 engine
- Good parts availability
Audi B5 A4 1.8 - Average €4,200
- Solid base
- Quattro optional
- Affordable maintenance
€7,000-15,000
Mercedes W124 E280 - Average €10,800
- Classic status
- Value stable
- Quality advantage
BMW E39 528i - Average €7,200
- Perfect balance
- M52 reliability
- Comfortable
Over €15,000
BMW E38 740i - Average €15,800
- V8 luxury
- Youngtimer
- Upward trend
Forecast May 2024
Expected Developments
- Convertibles: Further increase +3-5%
- Sedans: Stable prices
- Classics: Slight upward trend
- Diesel: Sideways movement
Buying Recommendations
Buy Now:
- Sedans and estates (stable phase)
- Diesel models (price floor)
Wait:
- Convertibles (prices still rising)
- Sports cars (seasonal peak coming)
Conclusion April 2024
April 2024 shows the typical spring revival. Demand for open vehicles is rising as expected, while the overall market shows stable conditions. Buyers of year-round vehicles continue to find good conditions.
All data based on our continuous market analysis. As of: April 29, 2024