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 $81,440. This price hardly went through any changes and remained at $85,319 during August. During the following two months (September, October) the average selling price rose somewhat going from $83,379.5 to $87,607. During the last couple of months, the average price has hardly changed, remaining the same going from $85,493.25 to $87,914.5 during November and December.
The average price for BMW 5 Series has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $11,548.06. There was a significant inflation of the average price in "before 2000" ($5,473) moving up till ($30,762)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 297 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 ($56,777) and the the last two years that have been analyzed (2018, 2019) with a price of $67,762.
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 ($87,693). Next with a price of $15,159 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 $47,216.
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 76 % less expensive than the average market price ($87,693) followed by "Gas" priced at $24,327. On average the cheapest type of fuel is "Gasoline". It´s price is 31 % more affordable than the average market value followed by "Hybrid" with a price of $43,088.
