BMW 5 Series Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for BMW 5 Series cars has fallen during the last 6 months we have analyzed. The average price for May is RM 299,614. During June there was a slight reduction in the selling prices dropping till RM 272,683. The average selling price has remained fairly constant during the following two months, going from RM 286,148.5 to RM 273,052.5. During the last couple of months, the average price has hardly changed, remaining the same going from RM 279,600.5 to RM 272,199 during September and October.
The average price for BMW 5 Series has had a strong rise in recent years. Between "before 2000" and 2014, the average price is RM 67,215.38. There was a significant inflation of the average price in "before 2000" (RM 14,885) moving up till (RM 187,515)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 248 %. During the last two years, prices in the car industry have gone up 13 % 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 (RM 268,027.25) and the the last two years that were studied (2017, 2018) with a price of RM 302,285.5.
The graph that displays the price for BMW 5 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 90 % more affordable than the average price (RM 268,744). Next with a price of RM 54,618 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at RM 126,192.
The graph displaying the average price for vehicles with doors shows that BMW 5 Series automobiles with the cheapest price have 4 doors. They are 60 % cheaper than the average price for this model priced at RM 108,337. Cars with the lowest price have 5 doors and are 42 % cheaper than the average previously displayed.