Price for BMW i8
BMW i8 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 i8 cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is $90,501. During August the price went trough a strong deflation till $74,498. The following two months the selling price went through a strong reduction of -23 % compared to the previous two months studied. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from $72,980.75 to $64,307 during November and December.
The average price for BMW i8 has become more expensive in recent years. During 2014 and 2014, the average price was $55,921. During this period, prices pretty much remained constant. During the next two years the average price($57,087) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone up 8 % 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 ($62,371.25) and the the last two years that were studied (2017, 2019) with a price of $67,655.5.
The graph that displays the price for BMW i8 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 44 % more affordable than the average price ($65,642). Next with a price of $51,617 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 8% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $62,848.
