BMW 7 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 7 Series cars have remained constant in the last 6 months. The average price in August was of ₹ 1.09 crores. This price hardly went through any changes and remained at ₹ 1.06 crores during September. The average selling price has remained fairly constant during the following two months, going from ₹ 1.07 crores to ₹ 1.07 crores. The average price has had spectacular rise of 15 % with an average price of ₹ 1.07 crores during the previous 4 months and ₹ 1.24 crores during the most recent months in December and January.
The average price for BMW 7 Series has had a strong rise in recent years. Between 2007 and 2018, the average price is ₹ 31.54 lakhs. There was a significant inflation of the average price in 2007 (₹ 6 lakhs) moving up till (₹ 71.32 lakhs)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 240 %. 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 (₹ 1.21 crores) and the the last two years that were studied (2021, 2022) with a price of ₹ 1.35 crores.
The graph that displays the price for BMW 7 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 (₹ 1.33 crores). Next with a price of ₹ 42 lakhs and a mileage range of "more than 2,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 96.35 lakhs.
The graph showing the average price for the fuel type for BMW 7 Series cars points out to "Petrol" as being the cheapest fuel type. It is 86 % less expensive than the average market price (₹ 1.33 crores) followed by "Diesel" priced at ₹ 1.32 crores. 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 ₹ 18.63 lakhs.