BMW X3 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 X3 cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is $90,004 increasing till $94,746 in October. The following two months the selling price went through a strong reduction of -29 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -42 % compared to the 4 previous average values going down from $78,940.75 to $45,661.5.
The average price for BMW X3 has had a strong rise in recent years. Between 2004 and 2019, the average price is $27,634.42. There was a significant inflation of the average price in 2004 ($14,795) moving up till ($65,642)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 137 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % 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 ($79,392.25) and the the last two years that have been analyzed (2022, 2023) with a price of $93,379.5.
The graph that displays the price for BMW X3 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 80 % more affordable than the average price ($56,415). Next with a price of $20,569 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 70% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $76,336.
The graph showing the average price for the fuel type for BMW X3 cars points out to "Diesel" as being the cheapest fuel type. It is 55 % less expensive than the average market price ($56,415) followed by "Gasoline" priced at $45,787. On average the most expensive type of fuel is "Petrol". It´s price is 4 % higher than the average market price followed by "Gasoline" which costs $45,787.
The graph displaying the average price for vehicles with doors shows that BMW X3 automobiles with the cheapest price have 4 doors. They are 42 % cheaper than the average price for this model priced at $32,941. Cars with the the highest price have 5 doors and are 3 % more expensive than the average mentioned before.