BMW 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 cars have increased during the last 6 months. The average price in October was of $141,754. This price hardly went through any changes and remained at $148,087 during November. The average selling price has remained fairly constant during the following two months, going from $144,920.5 to $150,216. During the last couple of months, the average price has hardly changed, remaining the same going from $147,568.25 to $153,405 during February and March.
The average price for BMW has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $32,614.05. There was a significant inflation of the average price in "before 2000" ($15,555) moving up till ($91,545)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 172 %. During the last two years, prices in the car industry have gone through a strong rise of 27 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($122,469.25) and the the last two years that have been analyzed (2023, 2024) with a price of $156,071.5.
The graph that displays the price for BMW cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 93 % more affordable than the average price ($151,124). Next with a price of $35,220 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 13% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $102,654.
The graph showing the average price for the fuel type for BMW cars points out to "Electric" as being the cheapest fuel type. It is 68 % less expensive than the average market price ($151,124) followed by "Hybrid" priced at $57,375. On average the cheapest type of fuel is "Gasoline". It´s price is 24 % more affordable than the average market value followed by "Diesel" with a price of $103,900.
The graph showing the average price for BMW cars displays those with 4 doors as the cheapest ones. They are 79 % more affordable than the average price ($151,124). These are followed by those with 2 doors with an average price of $35,925. Cars with the lowest price have 5 doors and are 54 % cheaper than the average previously displayed.