Price for BMW 318i
BMW 318i Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for BMW 318i cars have remained constant in the last 6 months. The average price for October is R 316 422. During November there was a slight reduction in the selling prices dropping till R 287 723. The average selling price has remained fairly constant during the following two months, going from R 302 072,5 to R 287 046,5. 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 330 944,5) during February and March.
The average price for BMW 318i has had a strong rise in recent years. During the first sample analyzed (2000 - 2005), the average selling price stood at R 60 600. During this time, the price for 2000 which was R 45 000 decreased to R 40 000 during 2005. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 332 %. 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 349 061,5) and the the last two years that have been analyzed (2018, 2021) with a price of R 436 219,5.
The graph that displays the price for BMW 318i 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 92 % more affordable than the average price (R 374 403). Next with a price of R 42 500 and a mileage range of "more than 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 50% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 429 987.
