BMW 120d 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 120d cars has fallen during the last 6 months we have analyzed. The average price in February was of R 243 245. This price hardly went through any changes and remained at R 236 765 during March. The following two months (April, May) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from R 228 928,5 to R 196 609,5 during June and July.
The average price for BMW 120d has had a strong rise in recent years. Between 2005 and 2013, the average price is R 135 556,12. There was a significant inflation of the average price in 2005 (R 79 794) moving up till (R 213 966)in 2013. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 77 %. During the last two years, prices in the car industry have gone through a strong rise of 23 % 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 (R 310 405,75) and the the last two years that have been analyzed (2017, 2018) with a price of R 380 838,5.
The graph that displays the price for BMW 120d 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 42 % more affordable than the average price (R 188 221). Next with a price of R 145 822 and a mileage range of "less than 10 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 143% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 196 789.