Price for BMW X1
BMW X1 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 X1 cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in October the average price was $38,789. November went through a strong inflation with a rise in the price till $49,208. The following two months the selling price went through a strong reduction of -41 % 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 $35,072 to $30,972.5 during February and March.
The average price for BMW X1 has had a strong rise in recent years. Between 2010 and 2018, the average price is $23,193.62. There was a significant inflation of the average price in 2010 ($15,661) moving up till ($34,660)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 48 %. During the last two years, prices in the car industry have gone through a strong rise of 31 % 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 ($49,910.75) and the the last two years that have been analyzed (2021, 2023) with a price of $65,413.5.
The graph that displays the price for BMW X1 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 35 % more affordable than the average price ($30,092). Next with a price of $28,810 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 192% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $56,922.
The graph showing the average price for the fuel type for BMW X1 cars points out to "Diesel" as being the cheapest fuel type. It is 25 % less expensive than the average market price ($30,092) followed by "Petrol" priced at $32,744. On average the most expensive type of fuel is "Gasoline". It´s price is 48 % higher than the average market price followed by "Petrol" which costs $32,744.
The graph displaying the average price for vehicles with doors shows that BMW X1 automobiles with the cheapest price have 4 doors. They are 21 % cheaper than the average price for this model priced at $23,907. Cars with the the highest price have 5 doors and are 38 % more expensive than the average mentioned before.
