BMW 7 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 7 Series cars have remained constant in the last 6 months. The average price in April was of $116,040. This price hardly went through any changes and remained at $117,531 during May. The average selling price has remained fairly constant during the following two months, going from $116,785.5 to $121,240. During the last couple of months, the average price has hardly changed, remaining the same going from $119,012.75 to $123,955.5 during August and September.
The average price for BMW 7 Series has had a strong rise in recent years. Between "before 2000" and 2018, the average price is $20,082.05. There was a significant inflation of the average price in "before 2000" ($12,035) moving up till ($60,818)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 268 %. During the last two years, prices in the car industry have gone up 14 % 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 ($86,202.75) and the the last two years that were studied (2021, 2022) with a price of $98,436.
The graph that displays the price for BMW 7 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 81 % more affordable than the average price ($124,950). Next with a price of $50,928 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $88,465.
The graph showing the average price for the fuel type for BMW 7 Series cars points out to "Gasoline" as being the cheapest fuel type. It is 25 % less expensive than the average market price ($124,950) followed by "Gas" priced at $99,287. On average the cheapest type of fuel is "Gas". It´s price is 21 % more affordable than the average market value followed by "Gasoline" with a price of $94,167.