Price for BMW I3
BMW I3 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 I3 cars has had a strong depreciation during the last 6 months we have studied. The average price in June was of $43,307. This price hardly went through any changes and remained at $42,656 during July. 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 -22 % compared to the 4 previous average values going down from $39,774.25 to $31,009.
The average price for BMW I3 has had a strong rise in recent years. Between 2014 and 2017, the average price is $22,005. There was a significant inflation of the average price in 2014 ($19,733) moving up till ($26,026)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 22 %. 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 ($25,232.25) and the the last two years analyzed (2020, 2021) with a price of $23,637.5.
The graph that displays the price for BMW I3 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 76 % more affordable than the average price ($30,809). Next with a price of $11,950 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 $20,903.
The graph showing the average price for the fuel type for BMW I3 cars points out to "Hybrid" as being the cheapest fuel type. It is 56 % less expensive than the average market price ($30,809) followed by "Electric" priced at $16,444. On average the cheapest type of fuel is "Electric". It´s price is 47 % more affordable than the average market value followed by "Hybrid" with a price of $13,530.
