BMW M3 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 M3 cars has fallen during the last 6 months we have analyzed. The average price for October is S$ 265,743. During November there was a slight reduction in the selling prices dropping till S$ 246,987. The following two months (December, January) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -5 % devaluation compared to the previous average values going down from S$ 246,805.75 to S$ 233,917 during February and March.
The average price for BMW M3 has had a strong rise in recent years. During 2008 and 2009, the average price was S$ 136,542. During this period, prices pretty much remained constant. During the next two years (2010, 2011) the price for the aforementioned model has gone up strongly a 29 %. During the last two years, prices in the car industry have gone through a strong rise of 35 % 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$ 268,288) and the the last two years that have been analyzed (2014, 2021) with a price of S$ 361,008.5.
The graph that displays the price for BMW M3 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 25 % more affordable than the average price (S$ 241,073). Next with a price of S$ 215,563 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 30% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of S$ 215,563.