Price for BMW 7 Series
BMW 7 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 7 Series cars has fallen during the last 6 months we have analyzed. The average price in July was €61,083. This price hardly went through any changes and remained at €62,050 during August. The average selling price has remained fairly constant during the following two months, going from €61,566.5 to €59,471. In the last two months, the price has gone through a strong devaluation of -16 % compared to the 4 previous average values going down from €60,518.75 to €51,111.
The average price for BMW 7 Series has had a strong rise in recent years. Between 2008 and 2017, the average price is €28,629.75. There was a significant inflation of the average price in 2008 (€5,613) moving up till (€44,084)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 111 %. During the last two years, prices in the car industry have gone through a strong rise of 21 % 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 (€76,306) and the the last two years that have been analyzed (2020, 2021) with a price of €92,342.
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 85 % more affordable than the average price (€53,109). Next with a price of €31,022 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 71% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of €77,261.
The graph showing the average price for the fuel type for BMW 7 Series cars points out to "Diesel" as being the cheapest fuel type. It is 16 % less expensive than the average market price (€53,109) followed by "Hybrid" priced at €63,499. On average the most expensive type of fuel is "Electric". It´s price is 78 % higher than the average market price followed by "Hybrid" which costs €63,499.
