BMW 5 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 5 Series cars has fallen during the last 6 months we have analyzed. The average price in March was of AED 41,365. This price hardly went through any changes and remained at AED 43,165 during April. The following two months (May, June) 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 -12 % devaluation compared to the previous average values going down from AED 40,731 to AED 35,925 during July and August.
The average price for BMW 5 Series has had a strong rise in recent years. Between 2004 and 2012, the average price is AED 23,702.78. There was a significant inflation of the average price in 2004 (AED 11,250) moving up till (AED 41,563)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 144 %. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (AED 64,074.25) and the the last two years that were studied (2015, 2016) with a price of AED 70,291.5.
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 45 % more affordable than the average price (AED 34,135). Next with a price of AED 25,356 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 156% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 46,970.
The graph displaying the average price for vehicles with doors shows that BMW 5 Series automobiles with the cheapest price have 4 doors. They are 8 % cheaper than the average price for this model priced at AED 31,500. Cars with the the highest price have 5 doors and are 23 % more expensive than the average mentioned before.