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 September was of $84,779. This price hardly went through any changes and remained at $87,339 during October. The average selling price has remained fairly constant during the following two months, going from $86,059 to $85,839.5. During the last couple of months, the average price has hardly changed, remaining the same going from $85,949.25 to $85,219.5 during January and February.
The average price for BMW 5 Series has had a strong rise in recent years. Between "before 2000" and 2017, the average price is $13,828.42. There was a significant inflation of the average price in "before 2000" ($5,056) moving up till ($42,416)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 352 %. During the last two years, prices in the car industry have gone up 9 % 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 ($69,050.75) and the the last two years that were studied (2020, 2021) with a price of $75,563.
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 ($85,068). Next with a price of $16,711 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 $51,825.
The graph showing the average price for the fuel type for BMW 5 Series cars points out to "Diesel" as being the cheapest fuel type. It is 75 % less expensive than the average market price ($85,068) followed by "Electric" priced at $23,676. On average the cheapest type of fuel is "Gasoline". It´s price is 20 % more affordable than the average market value followed by "Gas" with a price of $62,158.
