BMW Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for BMW cars have remained constant in the last 6 months. The average price for August is $189,591. During September there was a slight reduction in the selling prices dropping till $179,344. The average selling price has remained fairly constant during the following two months, going from $184,467.5 to $182,075.5. During the last couple of months, the average price has hardly changed, remaining the same going from $183,271.5 to $187,512.5 during December and January.
The average price for BMW has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $47,054.29. There was a significant inflation of the average price in "before 2000" ($27,791) moving up till ($91,174)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 129 %. During the last two years, prices in the car industry have gone up 14 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($125,481.5) and the the last two years that were studied (2018, 2019) with a price of $143,010.5.
The graph that displays the price for BMW cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 97 % more affordable than the average price ($192,807). Next with a price of $24,458 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $90,259.
The graph showing the average price for the fuel type for BMW cars points out to "Gas" as being the cheapest fuel type. It is 71 % less expensive than the average market price ($192,807) followed by "Diesel" priced at $58,244. On average the cheapest type of fuel is "Gasoline". It´s price is 38 % more affordable than the average market value followed by "Hybrid" with a price of $77,424.
The graph showing the average price for BMW cars displays those with 5 doors as the cheapest ones. They are 93 % more affordable than the average price ($192,807). These are followed by those with 4 doors with an average price of $125,354. Cars with the lowest price have 2 doors and are 28 % cheaper than the average previously displayed.