BMW X5 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 X5 cars has had a strong depreciation during the last 6 months we have studied. In December the average price per vehicle is AED 109,356. During January the price went trough a strong deflation till AED 71,718. The following two months the selling price went through a strong reduction of -33 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -32 % compared to the 4 previous average values going down from AED 75,420.25 to AED 51,404.5.
The average price for BMW X5 has had a strong rise in recent years. Between 2011 and 2015, the average price is AED 54,828. There was a significant inflation of the average price in 2011 (AED 21,017) moving up till (AED 39,023)in 2015. Cars belonging to the model aforementioned had a price deflation of -13 percent in the next two years (2016, 2018) compared to the previous two years. During the last two years, prices in the car industry have gone through a strong rise of 30 % 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 68,173.25) and the the last two years that have been analyzed (2019, 2020) with a price of AED 88,431.
The graph that displays the price for BMW X5 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 76 % more affordable than the average price (AED 48,336). Next with a price of AED 26,360 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 197% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of AED 68,523.