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BMW Used Car Valuation Data
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About
The data product focuses on used BMW listings, detailing various attributes relevant to calculating or predicting the sale price, which is recorded in Euros. It serves as a foundational resource for generating insights into depreciation, specification impact, and market demand for different BMW models. The initial motivation for compiling this data was to help ascertain a fair market value for a private sale.
Columns
The dataset contains the following nine columns:
- model: The specific BMW model (e.g., 3 Series, 1 Series).
- year: The vehicle's registration year.
- price: The listing price, stated in Euros.
- transmission: The type of gear box fitted (e.g., Semi-Auto, Automatic).
- mileage: The distance the vehicle has been used.
- fuelType: The type of fuel the engine uses (e.g., Diesel, Petrol).
- tax: The amount charged for road tax.
- mpg: Miles per gallon, indicating fuel efficiency.
- engineSize: The engine size, measured in litres.
Distribution
This dataset is delivered as a CSV file, approximately 592.72 kB in size. It includes 9 distinct columns and consists of 10.8k valid records. Crucially, all analysed records are reported as valid across all nine fields, with no missing or mismatched entries identified in the core structure.
Usage
Ideal applications for this data product include:
- Developing Machine Learning models for used vehicle price prediction.
- Generating visualisations to identify pricing trends related to age, mileage, and specification.
- Benchmarking current market values for various BMW models and specifications.
- Conducting detailed studies on the influence of factors like fuel type (where Diesel accounts for 65% of listings) or transmission type (Semi-Auto and Automatic being the majority) on final sale price.
Coverage
The data covers BMW vehicles registered between the years 1996 and 2020. The listed prices range from a minimum of €1,200 up to €123,000, with a mean price around €22.7k. Mileage extends up to 214k used distance units. The models included feature 24 unique entries, with the 3 Series and 1 Series being the most frequently occurring types. Engine sizes in the listings vary from 0 litres up to 6.6 litres.
License
CC0: Public Domain
Who Can Use It
- Data Analysts/Scientists: For creating prediction algorithms and performing statistical tests related to automotive economics.
- Automotive Industry Professionals: Used car managers and market researchers seeking current market valuation data and sales trends.
- Private Sellers: Individuals needing to accurately price their own used BMW based on current market dynamics.
Dataset Name Suggestions
- BMW Used Car Valuation Data
- European Used Car Price Metrics
- Automotive Price Prediction Dataset
Attributes
Original Data Source: BMW Used Car Valuation Data
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