Audi Q7 Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Audi Q7 cars has had a strong depreciation during the last 6 months we have studied. The average price for October is R 439 827. During November there was a slight reduction in the selling prices dropping till R 414 463. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from R 376 063,25 to R 360 964,5 during February and March.
The average price for Audi Q7 has had a strong rise in recent years. Between 2007 and 2015, the average price is R 183 430,14. There was a significant inflation of the average price in 2007 (R 65 000) moving up till (R 422 810)in 2015. During the next two years (2016, 2019) the price for the aforementioned model has gone up strongly a 185 %. During the last two years, prices in the car industry have gone through a strong rise of 43 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (R 913 553) and the the last two years that have been analyzed (2020, 2024) with a price of R 1 304 488,5.
The graph that displays the price for Audi Q7 cars according to their mileage shows that those cars within a mileage range of "more than 200 000" are the ones with the lowest price. They are 54 % more affordable than the average price (R 370 359). Next with a price of R 279 069 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 144% more costly than the average market value followed by those vehicles with a mileage of "less than 10 000" and a price of R 812 552.