BMW 318i Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for BMW 318i cars have gone through a strong rise during the last 6 months. In February the price for a car is R 249 310 increasing till R 272 904 in March. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 28 % from R 261 107 to R 332 990,5. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (R 324 374,5) during June and July.
The average price for BMW 318i has had a strong rise in recent years. Between 2000 and 2004, the average price is R 77 138. There was a significant inflation of the average price in 2000 (R 49 298) moving up till (R 104 978)in 2004. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 265 %. During the last two years, prices in the car industry have gone through a strong rise of 28 % 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 393 023) and the the last two years that have been analyzed (2018, 2021) with a price of R 504 222.
The graph that displays the price for BMW 318i 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 78 % more affordable than the average price (R 301 351). Next with a price of R 115 568 and a mileage range of "less than 10 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 138% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 608 840.