BMW 4 Series 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 4 Series cars have gone through a strong rise during the last 6 months. In March the price for a car is R 481 207 increasing till R 513 984 in April. During the following two months (May, June) the average selling price experienced a noticeable rise, going up 19 % from R 497 595,5 to R 590 247,5. The average price has had spectacular rise of 24 % with an average price of R 543 921,5 during the previous 4 months and R 675 832 during the most recent months in July and August.
The average price for BMW 4 Series has had a strong rise in recent years. Between 2013 and 2017, the average price is R 367 838,19. There was a significant inflation of the average price in 2013 (R 290 481) moving up till (R 434 608)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 46 %. During the last two years, prices in the car industry have gone through a strong rise of 21 % 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 683 734) and the the last two years that have been analyzed (2020, 2021) with a price of R 830 030.
The graph that displays the price for BMW 4 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 54 % more affordable than the average price (R 666 637). Next with a price of R 332 360 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 13% more costly than the average market value followed by those vehicles with a mileage of "10 000 - 25 000" and a price of R 659 374.
The graph showing the average price for the fuel type for BMW 4 Series cars points out to "Petrol" as being the cheapest fuel type. It is 23 % less expensive than the average market price (R 666 637) followed by "Diesel" priced at R 515 502. On average the cheapest type of fuel is "Diesel". It´s price is 23 % more affordable than the average market value followed by "Petrol" with a price of R 510 507.
The graph displaying the average price for vehicles with doors shows that BMW 4 Series automobiles with the cheapest price have 4 doors. They are 28 % cheaper than the average price for this model priced at R 478 474. Cars with the lowest price have 2 doors and are 18 % cheaper than the average previously displayed.