BMW X5 Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for BMW X5 cars have increased during the last 6 months. The average price for October is S$ 171,225. During November there was a slight reduction in the selling prices dropping till S$ 160,972. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 20 % from S$ 166,098.5 to S$ 198,723.5. During the last couple of months, the average price has hardly changed, remaining the same going from S$ 182,411 to S$ 176,428.5 during February and March.
The average price for BMW X5 has had a strong rise in recent years. During 2008 and 2011, the average price was S$ 93,919.66. During this period, prices pretty much remained constant. During the next two years the average price(S$ 96,405.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 56 % 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$ 220,102.75) and the the last two years that have been analyzed (2019, 2023) with a price of S$ 343,800.
The graph that displays the price for BMW X5 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 (S$ 174,223). Next with a price of S$ 124,011 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 48% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of S$ 124,011.