BMW 8 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 8 Series cars have increased during the last 6 months. The average price in August was of $110,745. This price hardly went through any changes and remained at $113,384 during September. During the following two months (October, November) the average selling price rose somewhat going from $112,064.5 to $119,988. The average price has risen 14 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($131,774.5) during December and January.
The average price for BMW 8 Series has had a strong rise in recent years. Between "before 2000" and 2019, the average price is $59,418.5. There was a significant inflation of the average price in "before 2000" ($24,555) moving up till ($94,282)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 43 %. During the last two years, prices in the car industry have gone up 15 % 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 ($99,786.5) and the the last two years that were studied (2022, 2023) with a price of $114,324.5.
The graph that displays the price for BMW 8 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 ($130,170). Next with a price of $48,832 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 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $89,891.
The graph showing the average price for the fuel type for BMW 8 Series cars points out to "Gas" as being the cheapest fuel type. It is 37 % less expensive than the average market price ($130,170) followed by "Gasoline" priced at $106,438. On average the cheapest type of fuel is "Gasoline". It´s price is 18 % more affordable than the average market value followed by "Gas" with a price of $81,603.
The graph displaying the average price for vehicles with doors shows that BMW 8 Series automobiles with the cheapest price have 2 doors. They are 22 % cheaper than the average price for this model priced at $100,999. Cars with the lowest price have 4 doors and are 15 % cheaper than the average previously displayed.