BMW 1 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 1 Series cars have increased during the last 6 months. In October the price for a car is R 495 444 increasing till R 536 507 in November. During the following two months (December, January) the average selling price rose somewhat going from R 515 975,5 to R 543 027,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 529 501,5 to R 528 693 during February and March.
The average price for BMW 1 Series has had a strong rise in recent years. Between 2004 and 2016, the average price is R 160 193,77. There was a significant inflation of the average price in 2004 (R 121 275) moving up till (R 303 726)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 112 %. During the last two years, prices in the car industry have gone through a strong rise of 25 % 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 450 731,75) and the the last two years that have been analyzed (2019, 2020) with a price of R 562 401,5.
The graph that displays the price for BMW 1 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 80 % more affordable than the average price (R 507 575). Next with a price of R 252 466 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10 000". It is 30% less expensive than the average market value followed by those cars with a mileage of "10 000 - 25 000" priced at R 350 479.
The graph showing the average price for the fuel type for BMW 1 Series cars points out to "Diesel" as being the cheapest fuel type. It is 57 % less expensive than the average market price (R 507 575) followed by "Petrol" priced at R 451 980. On average the cheapest type of fuel is "Petrol". It´s price is 11 % more affordable than the average market value followed by "Diesel" with a price of R 215 842.
The graph showing the average price for BMW 1 Series cars displays those with 3 doors as the cheapest ones. They are 59 % more affordable than the average price (R 507 575). These are followed by those with 5 doors with an average price of R 234 779. Cars with the lowest average price have 4 !doors and are 46 % cheaper than the average followed by those with 2 doors with a selling price of R 265 718.