BMW M3 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 M3 cars has fallen during the last 6 months we have analyzed. The average price for October is £79,194. During November there was a slight reduction in the selling prices dropping till £69,653. The average selling price has remained fairly constant during the following two months, going from £74,423.5 to £73,511.5. During the last couple of months, the average price has hardly changed, remaining the same going from £73,967.5 to £70,986 during February and March.
The average price for BMW M3 has remained constant in recent years. Between "before 2000" and 2018, the average price is £23,304.18. There was a significant inflation of the average price in "before 2000" (£28,741) moving up till (£35,893)in 2018. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 95 %. During the last two years, prices in the car industry have gone through a strong rise of 22 % 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 (£58,309) and the the last two years that have been analyzed (2022, 2023) with a price of £71,280.5.
The graph that displays the price for BMW M3 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 73 % more affordable than the average price (£69,067). Next with a price of £22,846 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 8% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £52,450.
The graph showing the average price for BMW M3 cars displays those with 2 doors as the cheapest ones. They are 71 % more affordable than the average price (£69,067). These are followed by those with 4 doors with an average price of £52,501. Cars with the the highest price have 5 doors and are 13 % more expensive than the average mentioned before.