Fiat Panda Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Fiat Panda cars has fallen during the last 6 months we have analyzed. The average price for June is R 125 198. During July there was a slight reduction in the selling prices dropping till R 116 206. The following two months (August, September) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from R 114 037 to R 111 612,5 during October and November.
The average price for Fiat Panda has had a strong rise in recent years. During 2006 and 2006, the average price was R 34 267. During this period, prices pretty much remained constant. During the next two years (2013, 2018) the price for the aforementioned model has gone up strongly a 154 %. During the last two years, prices in the car industry have gone through a strong rise of 23 % 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 112 575,25) and the the last two years that have been analyzed (2019, 2020) with a price of R 138 274.
The graph that displays the price for Fiat Panda 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 64 % more affordable than the average price (R 110 182). Next with a price of R 56 788 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 71% more costly than the average market value followed by those vehicles with a mileage of "less than 10 000" and a price of R 151 798.