BMW 2 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 2 Series cars have increased during the last 6 months. The average price in October was of R 418 751. This price hardly went through any changes and remained at R 403 979 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 18 % from R 411 365 to R 484 624. The average price has risen 12 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (R 503 321,5) during February and March.
The average price for BMW 2 Series has had a strong rise in recent years. Between 2014 and 2019, the average price is R 344 149,5. There was a significant inflation of the average price in 2014 (R 221 962) moving up till (R 464 760)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 62 %. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (R 620 744,75) and the the last two years that were studied (2022, 2023) with a price of R 684 728,5.
The graph that displays the price for BMW 2 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 63 % more affordable than the average price (R 495 887). Next with a price of R 272 885 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 53% more costly than the average market value followed by those vehicles with a mileage of "10 000 - 25 000" and a price of R 612 831.
The graph showing the average price for the fuel type for BMW 2 Series cars marks "Diesel" as the most costly fuel type. It is 1 % more expensive than the average market price (R 495 887) followed by "Petrol" priced at R 569 410. On average the most expensive type of fuel is "Petrol". It´s price is 15 % higher than the average market price followed by "Diesel" which costs R 499 830.
The graph showing the average price for BMW 2 Series cars displays those with 2 doors as the cheapest ones. They are 3 % more affordable than the average price (R 495 887). These are followed by those with 5 doors with an average price of R 589 543. Cars with the the highest price have 4 doors and are 20 % more expensive than the average mentioned before.