Price for BMW 5 Series
BMW 5 Series 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 5 Series cars have remained constant in the last 6 months. The average price in March was of $87,752. This price hardly went through any changes and remained at $86,432 during April. The average selling price has remained fairly constant during the following two months, going from $87,092 to $84,243.5. During the last couple of months, the average price has hardly changed, remaining the same going from $85,667.75 to $83,443.5 during July and August.
The average price for BMW 5 Series has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $12,607.17. There was a significant inflation of the average price in "before 2000" ($4,828) moving up till ($35,659)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 329 %. During the last two years, prices in the car industry have gone through a strong rise of 15 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($63,635.5) and the the last two years that have been analyzed (2019, 2020) with a price of $73,235.5.
The graph that displays the price for BMW 5 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 ($83,946). Next with a price of $16,061 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 $50,118.
The graph showing the average price for the fuel type for BMW 5 Series cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 78 % less expensive than the average market price ($83,946) followed by "Hybrid" priced at $18,536. On average the cheapest type of fuel is "Gas". It´s price is 26 % more affordable than the average market value followed by "Gasoline" with a price of $41,331.
