Price for Porsche 911
Porsche 911 Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Porsche 911 cars have remained constant in the last 6 months. The average price for October is R 1 053 701. During November there was a slight reduction in the selling prices dropping till R 954 530. The average selling price has remained fairly constant during the following two months, going from R 1 004 115,5 to R 954 795,5. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (R 1 072 724,5) during February and March.
The average price for Porsche 911 has had a strong rise in recent years. Between "before 2000" and 2009, the average price is R 602 725. There was a significant inflation of the average price in "before 2000" (R 340 450) moving up till (R 865 000)in 2009. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 105 %. 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 1 596 306) and the the last two years that have been analyzed (2014, 2018) with a price of R 1 956 983,5.
The graph that displays the price for Porsche 911 cars according to their mileage shows that those cars within a mileage range of "100 000 - 200 000" are the ones with the lowest price. They are 61 % more affordable than the average price (R 1 159 780). Next with a price of R 905 845 and a mileage range of "50 000 - 100 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 51% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 1 455 570.
