BMW 5 Series Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for BMW 5 Series cars have increased during the last 6 months. During the first month analyzed in May the average price was ₹ 58.97 lakhs. June went through a strong inflation with a rise in the price till ₹ 68.06 lakhs. The average selling price has remained fairly constant during the following two months, going from ₹ 63.52 lakhs to ₹ 61.28 lakhs. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₹ 65.97 lakhs) during September and October.
The average price for BMW 5 Series has had a strong rise in recent years. Between 2002 and 2017, the average price is ₹ 16.6 lakhs. There was a significant inflation of the average price in 2002 (₹ 8.5 lakhs) moving up till (₹ 39.54 lakhs)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 186 %. During the last two years, prices in the car industry have gone up 12 % 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 (₹ 53.92 lakhs) and the the last two years that were studied (2020, 2021) with a price of ₹ 60.33 lakhs.
The graph that displays the price for BMW 5 Series cars according to their mileage shows that those cars within a mileage range of "1,00,000 - 2,00,000" are the ones with the lowest price. They are 80 % more affordable than the average price (₹ 65.85 lakhs). Next with a price of ₹ 36.73 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₹ 49.46 lakhs.
The graph showing the average price for the fuel type for BMW 5 Series cars points out to "Electric" as being the cheapest fuel type. It is 100 % less expensive than the average market price (₹ 65.85 lakhs) followed by "LPG" priced at ₹ 1,674. On average the cheapest type of fuel is "Diesel". It´s price is 0 % more affordable than the average market value followed by "Petrol" with a price of ₹ 15.47 lakhs.