BMW 1 Series Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for BMW 1 Series cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is $49,635. During July the price went trough a strong deflation till $37,657. The following two months the selling price went through a strong reduction of -46 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -31 % compared to the 4 previous average values going down from $33,567.5 to $23,142.5.
The average price for BMW 1 Series has had a strong rise in recent years. During 2008 and 2009, the average price was $10,844.5. During this period, prices pretty much remained constant. During the next two years (2010, 2011) the price for the aforementioned model has gone up strongly a 17 %. During the last two years, prices in the car industry have gone up 13 % 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 ($14,474.25) and the the last two years that were studied (2012, 2013) with a price of $16,301.
The graph that displays the price for BMW 1 Series cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 59 % more affordable than the average price ($21,786). Next with a price of $15,614 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 18% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $18,527.
The graph showing the average price for the fuel type for BMW 1 Series cars points out to "Gasoline" as being the cheapest fuel type. It is 40 % less expensive than the average market price ($21,786) followed by "Gas" priced at $15,253. On average the cheapest type of fuel is "Gas". It´s price is 30 % more affordable than the average market value followed by "Gasoline" with a price of $12,974.