BMW 7 Series Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for BMW 7 Series cars have increased during the last 6 months. The average price in February was €61,283. This price hardly went through any changes and remained at €63,141 during March. During the following two months (April, May) the average selling price rose somewhat going from €62,212 to €70,302.5. During the last couple of months, the average price has hardly changed, remaining the same going from €66,257.25 to €66,504 during June and July.
The average price for BMW 7 Series has had a strong rise in recent years. Between 2014 and 2017, the average price is €36,355.33. There was a significant inflation of the average price in 2014 (€27,267) moving up till (€43,201)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 58 %. During the last two years, prices in the car industry have gone through a strong rise of 28 % 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 (€79,318.75) and the the last two years that have been analyzed (2020, 2021) with a price of €101,210.5.
The graph that displays the price for BMW 7 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 89 % more affordable than the average price (€61,083). Next with a price of €31,984 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 55% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of €59,809.
The graph showing the average price for the fuel type for BMW 7 Series cars points out to "Petrol" as being the cheapest fuel type. It is 43 % less expensive than the average market price (€61,083) followed by "Diesel" priced at €47,778. On average the most expensive type of fuel is "Hybrid". It´s price is 32 % higher than the average market price followed by "Diesel" which costs €47,778.
The graph displaying the average price for vehicles with doors shows that BMW 7 Series automobiles with the cheapest price have 4 doors. They are 8 % cheaper than the average price for this model priced at €56,480. Cars with the the highest price have 5 doors and are 104 % more expensive than the average mentioned before.