BMW 3 Series Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for BMW 3 Series cars has fallen during the last 6 months we have analyzed. The average price in February was of S$ 134,771. This price hardly went through any changes and remained at S$ 140,183 during March. The average selling price has remained fairly constant during the following two months, going from S$ 137,477 to S$ 134,088.5. In the last two months, the price has gone through a strong devaluation of -16 % compared to the 4 previous average values going down from S$ 135,782.75 to S$ 114,355.5.
The average price for BMW 3 Series has had a strong rise in recent years. Between "before 2000" and 2015, the average price is S$ 59,206.64. There was a significant inflation of the average price in "before 2000" (S$ 41,044) moving up till (S$ 78,874)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 83 %. During the last two years, prices in the car industry have gone through a strong rise of 17 % 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 (S$ 131,371.5) and the the last two years that have been analyzed (2018, 2019) with a price of S$ 154,332.
The graph that displays the price for BMW 3 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 46 % more affordable than the average price (S$ 120,421). Next with a price of S$ 68,333 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 7% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at S$ 96,710.