Price for BMW 5 Series
BMW 5 Series Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for BMW 5 Series cars have increased during the last 6 months. The average price in July was of $79,604. This price hardly went through any changes and remained at $81,019 during August. The average selling price has remained fairly constant during the following two months, going from $80,311.5 to $83,906. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($86,789) during November and December.
The average price for BMW 5 Series has had a strong rise in recent years. Between "before 2000" and 2018, the average price is $19,477.25. There was a significant inflation of the average price in "before 2000" ($11,905) moving up till ($59,729)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 229 %. During the last two years, prices in the car industry have gone up 5 % 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 ($67,516) and the the last two years that were studied (2021, 2022) with a price of $70,894.
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 92 % more affordable than the average price ($88,599). Next with a price of $22,079 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 $68,537.
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 79 % less expensive than the average market price ($88,599) followed by "Hybrid" priced at $41,416. On average the cheapest type of fuel is "Gasoline". It´s price is 17 % more affordable than the average market value followed by "Gas" with a price of $64,866.
