BMW 535i Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for BMW 535i cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of ₦ 10,348,500. This price hardly went through any changes and remained at ₦ 10,148,000 during November. The following two months the selling price went through a strong reduction of -43 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -78 % compared to the 4 previous average values going down from ₦ 8,060,375 to ₦ 1,751,562.5.
The average price for BMW 535i has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2010 to 2013, the average price was ₦ 4,775,000. Please take note of of the significant depreciation in the prices between 2010 (₦ 7,875,000) and 2013 (₦ 1,675,000).
The graph that displays the price for BMW 535i cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 41 % more affordable than the average price (₦ 2,223,125). Next with a price of ₦ 1,833,333 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 18% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₦ 1,306,667.