Price for BMW 3 Series
BMW 3 Series 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 Series cars has had a strong depreciation during the last 6 months we have studied. In October the price for a car is $82,355 increasing till $89,800 in November. The following two months the selling price went through a strong reduction of -53 % compared to the previous two months studied. The average price has had spectacular rise of 25 % with an average price of $63,197.75 during the previous 4 months and $78,728 during the most recent months in February and March.
The average price for BMW 3 Series has had a strong rise in recent years. Between "before 2000" and 2019, the average price is $21,292.25. There was a significant inflation of the average price in "before 2000" ($9,928) moving up till ($49,194)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 203 %. During the last two years, prices in the car industry have gone up 11 % 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 ($72,393.5) and the the last two years that were studied (2022, 2023) with a price of $80,335.
The graph that displays the price for BMW 3 Series 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 87 % more affordable than the average price ($79,741). Next with a price of $19,738 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 3% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $67,991.
The graph showing the average price for the fuel type for BMW 3 Series cars points out to "Diesel" as being the cheapest fuel type. It is 71 % less expensive than the average market price ($79,741) followed by "Petrol" priced at $40,051. On average the cheapest type of fuel is "Gasoline". It´s price is 12 % more affordable than the average market value followed by "Petrol" with a price of $40,051.
The graph showing the average price for BMW 3 Series cars displays those with 2 doors as the cheapest ones. They are 75 % more affordable than the average price ($79,741). These are followed by those with 5 doors with an average price of $53,082. Cars with the lowest price have 4 doors and are 4 % cheaper than the average previously displayed.
