BMW M3 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 M3 cars have gone through a strong rise during the last 6 months. During the first month analyzed in August the average price was £44,778. September went through a strong inflation with a rise in the price till £58,593. During the following two months (October, November) the average selling price experienced a noticeable rise, going up 20 % from £51,685.5 to £61,942.5. During the last couple of months, the average price has hardly changed, remaining the same going from £56,814 to £57,638 during December and January.
The average price for BMW M3 has had a strong rise in recent years. Between 2002 and 2018, the average price is £23,342. There was a significant inflation of the average price in 2002 (£15,494) moving up till (£42,920)in 2018. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 148 %. 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 (£64,530.25) and the the last two years that were studied (2023, 2024) with a price of £71,282.5.
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 69 % more affordable than the average price (£55,474). Next with a price of £21,340 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 30% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £61,105.
The graph showing the average price for BMW M3 cars displays those with 2 doors as the cheapest ones. They are 65 % more affordable than the average price (£55,474). These are followed by those with 4 doors with an average price of £46,974. Cars with the the highest price have 5 doors and are 34 % more expensive than the average mentioned before.