Price for BMW 116i
BMW 116i 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 116i cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is R 190 825. During November the price went trough a strong deflation till R 137 135. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -15 % compared to the 4 previous average values going down from R 147 785 to R 125 101.
The average price for BMW 116i has had a strong rise in recent years. Between 2007 and 2014, the average price is R 107 375. There was a significant inflation of the average price in 2007 (R 80 000) moving up till (R 147 125)in 2014.
The graph that displays the price for BMW 116i cars according to their mileage shows that those cars within a mileage range of "less than 10 000" are the ones with the lowest price. They are 27 % more affordable than the average price (R 124 077). Next with a price of R 98 250 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "50 000 - 100 000". It is 16% more costly than the average market value followed by those vehicles with a mileage of "100 000 - 200 000" and a price of R 98 250.
