Price for BMW 1 Series
BMW 1 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 1 Series cars have gone through a strong rise during the last 6 months. The average price in February was £38,096. This price hardly went through any changes and remained at £38,647 during March. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 1222 % from £38,371.5 to £507,176. The average price has had spectacular rise of 256 % with an average price of £272,773.75 during the previous 4 months and £970,251 during the most recent months in June and July.
The average price for BMW 1 Series has had a strong rise in recent years. Between 2004 and 2018, the average price is £9,936.87. There was a significant inflation of the average price in 2004 (£2,861) moving up till (£24,094)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 223 %. During the last two years, prices in the car industry have gone up 6 % 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 (£33,987.25) and the the last two years that were studied (2021, 2022) with a price of £35,926.5.
The graph that displays the price for BMW 1 Series 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 99 % more affordable than the average price (£970,495). Next with a price of £19,554 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at £35,026.
The graph showing the average price for the fuel type for BMW 1 Series cars points out to "Diesel" as being the cheapest fuel type. It is 22 % less expensive than the average market price (£970,495) followed by "Petrol" priced at £965,828. On average the cheapest type of fuel is "Petrol". It´s price is 0 % more affordable than the average market value followed by "Diesel" with a price of £760,729.
The graph showing the average price for BMW 1 Series cars displays those with 2 doors as the cheapest ones. They are 99 % more affordable than the average price (£970,495). These are followed by those with 3 doors with an average price of £21,782. Cars with the lowest price have 5 doors and are 96 % cheaper than the average previously displayed.
