BMW 3 Series Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for BMW 3 Series cars has fallen during the last 6 months we have analyzed. The average price in November was of $70,072. This price hardly went through any changes and remained at $67,625 during December. The following two months (January, February) the selling price went through a devaluation of -5 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from $66,969 to $65,014 during March and April.
The average price for BMW 3 Series has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $13,691.94. There was a significant inflation of the average price in "before 2000" ($6,735) moving up till ($36,364)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 254 %. During the last two years, prices in the car industry have gone up 10 % 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 ($53,612.25) and the the last two years that were studied (2019, 2020) with a price of $58,812.5.
The graph that displays the price for BMW 3 Series 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 95 % more affordable than the average price ($64,361). Next with a price of $14,419 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 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $37,357.
The graph showing the average price for the fuel type for BMW 3 Series cars points out to "Gas" as being the cheapest fuel type. It is 73 % less expensive than the average market price ($64,361) followed by "Diesel" priced at $22,124. On average the cheapest type of fuel is "Gasoline". It´s price is 24 % more affordable than the average market value followed by "Hybrid" with a price of $24,617.
The graph displaying the average price for vehicles with doors shows that BMW 3 Series automobiles with the cheapest price have 2 doors. They are 73 % cheaper than the average price for this model priced at $17,170. Cars with the lowest price have 4 doors and are 4 % cheaper than the average previously displayed.