Market Report August 2024: Vacation End Revives the Market

market-analysis august-2024 monthly-report price-trends summer

August 2024: Market Overview

August marks the end of summer holidays in many regions. Market activity increases while prices remain largely stable.

Current Prices by Brand

BMW

ModelAverageChangeListings
E38 7 Series€15,450+2%48
E39 5 Series€7,720+2%88
E46 3 Series€6,550+2%159
E39 M5€32,400+2%16

Mercedes-Benz

ModelAverageChangeListings
W140 S-Class€13,280+3%36
W210 E-Class€5,520+3%79
W124 E-Class€12,050+3%39

Audi

ModelAverageChangeListings
B5 A4/S4€5,850+2%67
C6 A6€9,520+1%94
RS4 B5€42,800+1%8

Seasonal Analysis

August Dynamics

August shows typical transition characteristics:

  1. Rising activity: +15% vs. July
  2. Dealers back: More active after vacation
  3. Buyer interest: Vacation end motivates purchases
  4. Convertible peak: Using last summer days

Supply Development

CategoryChangeTrend
Total listings+5%Rising
New listings+12%Strongly rising
Sales closures+8%Rising
Convertibles+3%Still high demand

Top Deals of the Month

Under €8,000

BMW E46 325i Touring – Average €6,200

  • Practical wagon with M54 engine
  • Good availability
  • Buy before autumn price increase

Mercedes W210 E280 – Average €5,400

  • Solid V6 for family use
  • Ideal autumn preparation
  • Good parts supply

€10,000-25,000

BMW E38 735i – Average €14,500

  • V8 flagship
  • Value appreciation continues
  • Last affordable examples

Audi C5 A6 2.7T – Average €9,200

  • Biturbo power
  • Quattro for autumn/winter
  • Growing collector interest

Current Developments

Rising Demand:

  • Wagons/Touring models +12%
  • All-wheel drive vehicles +8%
  • Well-maintained classics +5%

Stagnating Demand:

  • Convertibles (season end approaching)
  • High-price segment >€50,000
  • Older diesel models

Price Segmentation

SegmentDevelopmentForecast
Under €5,000StableSlightly rising
€5,000-15,000+2%Continuing rise
€15,000-30,000+3%Strongly rising
Over €30,000StableWait and see

Mileage Correlation

August Analysis

Vehicle TypeCorrelationInterpretation
Youngtimer (20-30 yrs)-0.52Condition more important
Modern used-0.78Mileage very relevant
Classic (30+ yrs)-0.38History decisive

Regional Differences

Price Variation by Region

RegionDeviationNote
Bavaria+7%Tourism catch-up effect
Baden-Wurttemberg+4%Stable demand
NRW-1%Large supply
Berlin-4%Price pressure
Eastern Germany-6%Cheapest market

August Buying Guide

Why Buy Now?

  1. Before autumn: All-wheel drive gets more expensive
  2. Convertible bargains: Season end in sight
  3. Dealers active: Good negotiating basis
  4. Large selection: After vacation pause

Timing Recommendation

Vehicle TypeBest Buy TimeReason
ConvertiblesSeptember-OctoberSeason end, -15-20%
Quattro/AWDNowBefore autumn rise
WagonsNowVacation end demand
Sports carsNovember-DecemberSeasonal low

September 2024 Forecast

For the coming month we expect:

  • Full market revival after vacation end
  • All-wheel drive vehicles become more expensive (+3-5%)
  • Convertible prices begin to fall
  • Autumn demand kicks in

Recommendations

Buy Now

Wait for September

  • Convertibles and roadsters
  • High-priced sports cars
  • Summer-exclusive vehicles

Market Statistics

August 2024 in Numbers

MetricValuevs. August 2023
Average price€10,120+5.8%
Median price€7,850+4.2%
Total listings4,520+3.5%
Sales892+7.1%

The market shows healthy growth with rising activity numbers.

Conclusion

August 2024 marks the transition from summer lull to autumn revival. Prices are pulling up slightly, especially for Mercedes models and BMW classics.

For buyers, now is a good time, especially for all-wheel drive vehicles and practical wagons. Convertible buyers should wait a few more weeks.


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