Price for BMW 7 Series
BMW 7 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 7 Series cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $141,281. During November the price went trough a strong deflation till $82,956. The following two months the selling price went through a strong reduction of -47 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $85,755 to $88,671.5 during February and March.
The average price for BMW 7 Series has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was $14,368. During this period, prices pretty much remained constant. During the next two years (2011, 2019) the price for the aforementioned model has gone up strongly a 326 %. During the last two years, prices in the car industry have gone through a strong rise of 58 % 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 ($145,131) and the the last two years that have been analyzed (2022, 2023) with a price of $229,079.
The graph that displays the price for BMW 7 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 82 % more affordable than the average price ($83,290). Next with a price of $27,404 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 176% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $57,625.
The graph showing the average price for the fuel type for BMW 7 Series cars points out to "Diesel" as being the cheapest fuel type. It is 67 % less expensive than the average market price ($83,290) followed by "Petrol" priced at $77,134. On average the most expensive type of fuel is "Gasoline". It´s price is 84 % higher than the average market price followed by "Petrol" which costs $77,134.
