BMW 3 Series 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 3 Series cars have gone through a strong rise during the last 6 months. In October the price for a car is ₱ 364,558 increasing till ₱ 400,893 in November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 17 % from ₱ 382,725.5 to ₱ 446,782.5. 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 (₱ 440,114.5) during February and March.
The average price for BMW 3 Series has had a strong rise in recent years. Between "before 2000" and 2008, the average price is ₱ 363,145.59. There was a significant inflation of the average price in "before 2000" (₱ 175,923) moving up till (₱ 364,500)in 2008. Cars belonging to the model aforementioned had a price deflation of -6 percent in the next two years (2010, 2011) compared to the previous two years. During the last two years, the car industry has had a strong deflation in its selling prices of -35 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 253,778.25) and the the last two years (2012, 2014) with a price of ₱ 165,640.
The graph that displays the price for BMW 3 Series 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 45 % more affordable than the average price (₱ 423,296). Next with a price of ₱ 270,706 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 45% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 445,076.
The graph showing the average price for the fuel type for BMW 3 Series cars points out to "Diesel" as being the cheapest fuel type. It is 37 % less expensive than the average market price (₱ 423,296) followed by "Gasoline" priced at ₱ 334,265. On average the most expensive type of fuel is "Gas". It´s price is 29 % higher than the average market price followed by "Gasoline" which costs ₱ 334,265.