BMW 320i 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 320i cars have gone through a strong rise during the last 6 months. The average price in October was of R 198 884. This price hardly went through any changes and remained at R 200 806 during November. During the following two months (December, January) the average selling price rose somewhat going from R 199 845 to R 214 359,5. The average price has had spectacular rise of 29 % with an average price of R 207 102,25 during the previous 4 months and R 267 524 during the most recent months in February and March.
The average price for BMW 320i has had a strong rise in recent years. Between 2006 and 2019, the average price is R 183 830,22. There was a significant inflation of the average price in 2006 (R 49 990) moving up till (R 458 297)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 218 %. During the last two years, prices in the car industry have gone up 13 % 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 671 010,5) and the the last two years that were studied (2022, 2023) with a price of R 758 035,5.
The graph that displays the price for BMW 320i 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 82 % more affordable than the average price (R 284 225). Next with a price of R 185 084 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 206% more costly than the average market value followed by those vehicles with a mileage of "10 000 - 25 000" and a price of R 738 617.
The graph displaying the average price for vehicles with doors shows that BMW 320i automobiles with the cheapest price have 2 doors. They are 38 % cheaper than the average price for this model priced at R 177 500. Cars with the lowest price have 4 doors and are 25 % cheaper than the average previously displayed.