Volkswagen Citi 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 Volkswagen Citi cars has had a strong depreciation during the last 6 months we have studied. The average price in February was of R 76 394. This price hardly went through any changes and remained at R 75 170 during March. The following two months (April, May) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -19 % compared to the 4 previous average values going down from R 71 159,25 to R 57 347,5.
The average price for Volkswagen Citi has had a strong rise in recent years. Between "before 2000" and 2006, the average price is R 42 760,25. There was a significant inflation of the average price in "before 2000" (R 35 068) moving up till (R 51 181)in 2006. During the next two years (2007, 2008) the price for the aforementioned model has gone up strongly a 25 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of R 56 318,25 in 2009 and R 59 077,5 during 2010.
The graph that displays the price for Volkswagen Citi 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 42 % more affordable than the average price (R 61 743). Next with a price of R 38 875 and a mileage range of "10 000 - 25 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 6% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 53 800.