BMW 5 Series Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for BMW 5 Series cars has had a strong depreciation during the last 6 months we have studied. In January the average price per vehicle is AED 115,510. During February the price went trough a strong deflation till AED 74,566. The following two months the selling price went through a strong reduction of -25 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -50 % compared to the 4 previous average values going down from AED 83,202.25 to AED 41,327.5.
The average price for BMW 5 Series has had a strong rise in recent years. Between 2006 and 2012, the average price is AED 31,495.83. There was a significant inflation of the average price in 2006 (AED 22,625) moving up till (AED 44,000)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 84 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 78,351) and the the last two years that have been analyzed (2015, 2016) with a price of AED 98,666.5.
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 70 % more affordable than the average price (AED 40,012). Next with a price of AED 26,917 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 97% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 46,785.
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 9 % cheaper than the average price for this model priced at AED 36,250. Cars with the the highest price have 4 doors and are 8 % more expensive than the average mentioned before.