BMW 6 Series Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for BMW 6 Series cars has had a strong depreciation during the last 6 months we have studied. The average price for June is $103,495. During July there was a slight reduction in the selling prices dropping till $97,569. The following two months (August, September) the selling price went through a devaluation of -15 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from $93,113.75 to $76,697.5.
The average price for BMW 6 Series has had a strong rise in recent years. Between 2004 and 2015, the average price is $20,422.64. There was a significant inflation of the average price in 2004 ($10,258) moving up till ($42,142)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 165 %. During the last two years, prices in the car industry have gone up 6 % 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 ($57,565.25) and the the last two years that were studied (2018, 2019) with a price of $60,944.
The graph that displays the price for BMW 6 Series cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 84 % more affordable than the average price ($74,478). Next with a price of $31,561 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $47,608.
The graph showing the average price for the fuel type for BMW 6 Series cars points out to "Gas" as being the cheapest fuel type. It is 69 % less expensive than the average market price ($74,478) followed by "Gasoline" priced at $46,691. On average the cheapest type of fuel is "Gasoline". It´s price is 37 % more affordable than the average market value followed by "Gas" with a price of $23,040.
The graph displaying the average price for vehicles with doors shows that BMW 6 Series automobiles with the cheapest price have 2 doors. They are 52 % cheaper than the average price for this model priced at $35,645. Cars with the lowest price have 4 doors and are 38 % cheaper than the average previously displayed.