BMW M5 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 M5 cars have gone through a strong rise during the last 6 months. The average price in October was of ₦ 755,882. This price hardly went through any changes and remained at ₦ 785,000 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 107 % from ₦ 770,441 to ₦ 1,594,444.5. In the last two months, the price has gone through a strong devaluation of -51 % compared to the 4 previous average values going down from ₦ 1,182,442.75 to ₦ 577,678.5.