Price for BMW X5
BMW X5 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 X5 cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $128,018. During November there was a slight reduction in the selling prices dropping till $120,869. The following two months the selling price went through a strong reduction of -46 % compared to the previous two months studied. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from $96,077.25 to $82,512.5 during February and March.
The average price for BMW X5 has had a strong rise in recent years. Between 2003 and 2020, the average price is $36,921.56. There was a significant inflation of the average price in 2003 ($28,726) moving up till ($108,799)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 234 %. During the last two years, prices in the car industry have gone up 14 % 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 ($142,629) and the the last two years that were studied (2023, 2024) with a price of $162,028.5.
The graph that displays the price for BMW X5 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 ($83,330). Next with a price of $28,299 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 66% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $119,388.
The graph showing the average price for the fuel type for BMW X5 cars points out to "Petrol" as being the cheapest fuel type. It is 33 % less expensive than the average market price ($83,330) followed by "Diesel" priced at $58,792. On average the cheapest type of fuel is "Gasoline". It´s price is 25 % more affordable than the average market value followed by "Diesel" with a price of $58,792.
The graph displaying the average price for vehicles with doors shows that BMW X5 automobiles with the cheapest price have 4 doors. They are 62 % cheaper than the average price for this model priced at $31,264. Cars with the lowest price have 5 doors and are 23 % cheaper than the average previously displayed.
