Bmw 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 cars has had a strong depreciation during the last 6 months we have studied. In September the average price per vehicle is KSh 4,800,000. During October the price went trough a strong deflation till KSh 2,244,889. The following two months (November, December) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -43 % compared to the 4 previous average values going down from KSh 3,401,525.75 to KSh 1,941,197.
The average price for Bmw has had a strong rise in recent years. Between 2007 and 2016, the average price is KSh 1,876,129.62. There was a significant inflation of the average price in 2007 (KSh 1,240,000) moving up till (KSh 4,157,800)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 146 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of KSh 4,546,193 in 2019 and KSh 4,484,524.5 during 2021.
The graph that displays the price for Bmw 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 47 % more affordable than the average price (KSh 2,212,690). Next with a price of KSh 2,083,676 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 15% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of KSh 2,083,676.
The graph showing the average price for the fuel type for Bmw cars marks "Petrol" as the most costly fuel type. It is 8 % more expensive than the average market price (KSh 2,212,690) followed by "Diesel" priced at KSh 2,469,364. On average the most expensive type of fuel is "Diesel". It´s price is 12 % higher than the average market price followed by "Petrol" which costs KSh 2,388,298.