Volkswagen Passat 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 Volkswagen Passat cars has fallen during the last 6 months we have analyzed. In February the price for a car is R 295 087 increasing till R 322 172 in March. The average selling price has remained fairly constant during the following two months, going from R 308 629,5 to R 295 974. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from R 302 301,75 to R 236 378.
The average price for Volkswagen Passat has had a strong rise in recent years. Between 2000 and 2013, the average price is R 81 753,16. There was a significant inflation of the average price in 2000 (R 28 700) moving up till (R 118 686)in 2013. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 204 %. During the last two years, prices in the car industry have gone up 6 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (R 263 246,75) and the the last two years that were studied (2017, 2018) with a price of R 278 060,5.
The graph that displays the price for Volkswagen Passat 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 71 % more affordable than the average price (R 240 569). Next with a price of R 154 437 and a mileage range of "less than 10 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 42% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 279 089.
The graph showing the average price for the fuel type for Volkswagen Passat cars points out to "Diesel" as being the cheapest fuel type. It is 25 % less expensive than the average market price (R 240 569) followed by "Petrol" priced at R 189 470. On average the cheapest type of fuel is "Petrol". It´s price is 21 % more affordable than the average market value followed by "Diesel" with a price of R 179 731.