BMW Z4 Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for BMW Z4 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is R 377 051. During November the price went trough a strong deflation till R 293 514. The following two months (December, January) the selling price went through a devaluation of -10 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from R 318 334 to R 297 531,5 during February and March.
The average price for BMW Z4 has had a strong rise in recent years. During the first sample analyzed, going from 2004 to 2006, the average price was R 153 135,67. Please take note of of the significant depreciation in the prices between 2004 (R 192 900) and 2006 (R 155 559). During the next two years (2009, 2010) the price for the aforementioned model has gone up strongly a 56 %. During the last two years, prices in the car industry have gone through a strong rise of 34 % 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 361 466,75) and the the last two years that have been analyzed (2011, 2019) with a price of R 484 325.
The graph that displays the price for BMW Z4 cars according to their mileage shows that those cars within a mileage range of "100 000 - 200 000" are the ones with the lowest price. They are 49 % more affordable than the average price (R 300 895). Next with a price of R 335 712 and a mileage range of "50 000 - 100 000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10 000". It is 204% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 620 900.