BMW 5 Series 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 5 Series cars has fallen during the last 6 months we have analyzed. During the first month analyzed in October the average price was ₦ 2,611,765. November went through a strong inflation with a rise in the price till ₦ 4,161,538. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -58 % compared to the 4 previous average values going down from ₦ 2,872,325.75 to ₦ 1,208,357.
The average price for BMW 5 Series has had a strong rise in recent years. Between 2006 and 2013, the average price is ₦ 3,180,555.75. There was a significant inflation of the average price in 2006 (₦ 1,691,667) moving up till (₦ 7,500,000)in 2013.