Market Report June 2024: Summer Kickoff in the Used Car Market
market-analysis june-2024 monthly-report price-trends summer
June 2024: Market Overview
The first summer month traditionally brings movement to the used car market. Demand for convertibles and sporty models increases, while overall activity slightly decreases.
Current Prices by Brand
BMW
| Model | Average | Change | Listings |
|---|---|---|---|
| E38 7 Series | €14,850 | +1% | 48 |
| E39 5 Series | €7,420 | stable | 89 |
| E46 3 Series | €6,380 | -1% | 158 |
| E39 M5 | €31,200 | +2% | 15 |
Mercedes-Benz
| Model | Average | Change | Listings |
|---|---|---|---|
| W140 S-Class | €12,680 | +1% | 35 |
| W210 E-Class | €5,240 | stable | 78 |
| W124 E-Class | €11,350 | +2% | 38 |
Audi
| Model | Average | Change | Listings |
|---|---|---|---|
| B5 A4/S4 | €5,680 | stable | 65 |
| C6 A6 | €9,450 | -1% | 92 |
| RS4 B5 | €41,500 | +1% | 8 |
Seasonal Analysis
Summer Start Dynamics
June marks the beginning of vacation season. This affects the market in several ways:
- Convertible peak season: +22% demand vs. spring
- Family vehicles: Stable demand before holiday trips
- Dealer activity: Slightly reduced due to vacation time
Regional Differences
| Region | Trend | Characteristic |
|---|---|---|
| Southern Germany | +3% | Tourism effect |
| Northern Germany | stable | Port cities active |
| Eastern Germany | -1% | Seasonal weakness |
Top Deals of the Month
Under €8,000
BMW E46 325i – Average €5,800
- Popular M54 engine with 192 HP
- Good availability
- Ideal for summer tours
Mercedes W210 E280 – Average €4,900
- Solid V6 petrol
- Comfortable long-distance
- Affordable entry point
€8,000-20,000
BMW E38 735i – Average €13,200
- V8 power for travel
- Air conditioning comfort in summer
- Value appreciation potential
Audi C5 A6 2.7T – Average €8,500
- Biturbo power
- Quattro drive
- Good value for money
Market Trends June
Rising Demand
- Convertibles: E46 Convertible, CLK W208 Convertible
- Sporty models: M models, AMG variants
- Youngtimers: Vehicles for summer outings
Declining Demand
- SUV segment: Seasonal -8%
- Diesel sedans: Holiday pause
Mileage Analysis
June data shows interesting correlations:
| Model Type | Correlation | Interpretation |
|---|---|---|
| Convertibles | -0.52 | Condition over mileage |
| Sedans (10-20 years) | -0.78 | Mileage very relevant |
| Sports cars | -0.48 | Rarity counts |
July 2024 Forecast
For the coming month we expect:
- Holiday-related quiet at dealers
- Private sales may increase
- Prices remain largely stable
Buying Recommendations
Buy Now
- BMW E38 7 Series – Before youngtimer boom
- Mercedes W124 – Classic prices still fair
- Audi B5 S4 – Undervalued model
Wait
- Convertibles until autumn (oversupply in summer)
- High-priced sports cars until Q4
Conclusion
June shows a balanced market with typical summer tendencies. For buyers of year-round vehicles, good opportunities arise as attention focuses on seasonal models.
All data based on our continuous market analysis. As of: July 1, 2024