Price for BMW 3
BMW 3 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 3 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $54,866. During November the price went trough a strong deflation till $14,564. The following two months the selling price went through a strong reduction of -50 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -30 % compared to the 4 previous average values going down from $26,113.5 to $18,233.5.
The average price for BMW 3 has had a strong rise in recent years. Between 2004 and 2012, the average price is $12,173.33. There was a significant inflation of the average price in 2004 ($7,326) moving up till ($17,227)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 83 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 ($30,118) and the the last two years that have been analyzed (2016, 2018) with a price of $37,999.
The graph that displays the price for BMW 3 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 49 % more affordable than the average price ($18,350). Next with a price of $16,462 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 142% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $36,220.
The graph showing the average price for the fuel type for BMW 3 cars points out to "Gasoline" as being the cheapest fuel type. It is 10 % less expensive than the average market price ($18,350) followed by "Diesel" priced at $23,225. On average the most expensive type of fuel is "Diesel". It´s price is 27 % higher than the average market price followed by "Gasoline" which costs $16,486.
The graph displaying the average price for vehicles with doors shows that BMW 3 automobiles with the cheapest price have 2 doors. They are 7 % cheaper than the average price for this model priced at $16,982. Cars with the the highest price have 4 doors and are 2 % more expensive than the average mentioned before.
