BMW 5 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 5 Series cars have gone through a strong rise during the last 6 months. The average price for October is AED 74,190. During November there was a slight reduction in the selling prices dropping till AED 65,933. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 52 % from AED 70,061.5 to AED 106,555. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from AED 88,308.25 to AED 80,806.5 during February and March.
The average price for BMW 5 Series has had a strong rise in recent years. Between 2004 and 2014, the average price is AED 30,494.54. There was a significant inflation of the average price in 2004 (AED 14,500) moving up till (AED 61,200)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 242 %. During the last two years, prices in the car industry have gone through a strong rise of 32 % 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 (AED 154,260.5) and the the last two years that have been analyzed (2018, 2019) with a price of AED 204,187.5.
The graph that displays the price for BMW 5 Series cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 73 % more affordable than the average price (AED 87,047). Next with a price of AED 24,385 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 130% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of AED 148,542.
The graph displaying the average price for vehicles with doors shows that BMW 5 Series automobiles with the cheapest price have 5 doors. They are 60 % cheaper than the average price for this model priced at AED 35,143. Cars with the lowest price have 4 doors and are 30 % cheaper than the average previously displayed.