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 July was of $85,173. This price hardly went through any changes and remained at $85,608 during August. The average selling price has remained fairly constant during the following two months, going from $85,390.5 to $82,081.5. During the last couple of months, the average price has hardly changed, remaining the same going from $83,736 to $83,051 during November and December.
The average price for BMW 5 Series has had a strong rise in recent years. Between "before 2000" and 2014, the average price is $20,073.19. There was a significant inflation of the average price in "before 2000" ($4,214) moving up till ($55,505)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 249 %. During the last two years, prices in the car industry have experienced a depreciation of -6 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($66,208.5) and the the last two years analyzed (2017, 2018) with a price of $62,376.5.
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 94 % more affordable than the average price ($83,355). Next with a price of $15,091 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 $55,436.
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 68 % less expensive than the average market price ($83,355) followed by "Hybrid" priced at $54,156. On average the cheapest type of fuel is "Gasoline". It´s price is 22 % more affordable than the average market value followed by "Gas" with a price of $58,600.
