BMW 8 Series Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for BMW 8 Series cars have remained constant in the last 6 months. The average price for October is £47,865. During November there was a slight reduction in the selling prices dropping till £45,086. The average selling price has remained fairly constant during the following two months, going from £46,475.5 to £47,465.5. During the last couple of months, the average price has hardly changed, remaining the same going from £46,970.5 to £45,746.5 during February and March.
The average price for BMW 8 Series has had a strong rise in recent years. Between "before 2000" and 2019, the average price is £30,148.33. There was a significant inflation of the average price in "before 2000" (£17,763) moving up till (£40,682)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 37 %. During the last two years, prices in the car industry have gone up 11 % 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 (£46,662.25) and the the last two years that were studied (2022, 2023) with a price of £52,014.5.
The graph that displays the price for BMW 8 Series cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 25 % more affordable than the average price (£46,611). Next with a price of £37,829 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 17% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £43,079.
The graph showing the average price for the fuel type for BMW 8 Series cars points out to "Diesel" as being the cheapest fuel type. It is 19 % less expensive than the average market price (£46,611) followed by "Petrol" priced at £42,757. On average the cheapest type of fuel is "Petrol". It´s price is 8 % more affordable than the average market value followed by "Diesel" with a price of £37,898.
The graph displaying the average price for vehicles with doors shows that BMW 8 Series automobiles with the cheapest price have 4 doors. They are 11 % cheaper than the average price for this model priced at £41,550. Cars with the lowest price have 2 doors and are 10 % cheaper than the average previously displayed.