BMW 7 Series Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for BMW 7 Series cars have remained constant in the last 6 months. The average price in November was €60,793. This price hardly went through any changes and remained at €59,521 during December. The average selling price has remained fairly constant during the following two months, going from €60,157 to €59,395. The average price has risen 11 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (€66,140.5) during March and April.
The average price for BMW 7 Series has had a strong rise in recent years. Between 2006 and 2017, the average price is €20,036.38. There was a significant inflation of the average price in 2006 (€3,050) moving up till (€45,662)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 198 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 (€80,859.5) and the the last two years that have been analyzed (2020, 2021) with a price of €102,101.5.
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 (€69,140). Next with a price of €19,261 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 25% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of €62,800.
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 84 % less expensive than the average market price (€69,140) followed by "Electric" priced at €53,925. On average the most expensive type of fuel is "Hybrid". It´s price is 15 % higher than the average market price followed by "Diesel" which costs €59,401.