BMW 1 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 1 Series cars have gone through a strong rise during the last 6 months. The average price in December was of S$ 61,988. This price hardly went through any changes and remained at S$ 64,008 during January. During the following two months (February, March) the average selling price experienced a noticeable rise, going up 31 % from S$ 62,998 to S$ 82,816. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (S$ 79,985.5) during April and May.
The average price for BMW 1 Series has had a strong rise in recent years. Between 2008 and 2013, the average price is S$ 51,795. There was a significant inflation of the average price in 2008 (S$ 52,268) moving up till (S$ 60,932)in 2013. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 27 %. During the last two years, prices in the car industry have gone up 14 % 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 (S$ 76,078) and the the last two years that were studied (2017, 2018) with a price of S$ 86,498.5.
The graph that displays the price for BMW 1 Series 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 40 % more affordable than the average price (S$ 76,510). Next with a price of S$ 58,229 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 25% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 80,098.