Price for Ferrari
Ferrari Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Ferrari cars have increased during the last 6 months. During the first month analyzed in October the average price was R 1 562 585. November went through a strong inflation with a rise in the price till R 1 838 590. The average selling price has remained fairly constant during the following two months, going from R 1 700 587,5 to R 1 727 781. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from R 1 714 184,25 to R 1 477 106 during February and March.
The average price for Ferrari has become more expensive in recent years. During "before 2000" and "before 2000", the average price was R 1 462 475. During this period, prices pretty much remained constant. During the next two years (2010, 2012) the price for the aforementioned model has gone up strongly a 20 %. During the last two years, prices in the car industry have experienced a depreciation of -5 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (R 1 665 211,25) and the the last two years analyzed (2013, 2017) with a price of R 1 580 475.
The graph that displays the price for Ferrari 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 33 % more affordable than the average price (R 1 597 751). Next with a price of R 1 299 850 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 58% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 1 829 778.
