Price for Volvo S60
Volvo S60 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 Volvo S60 cars have remained constant in the last 6 months. The average price in October was of R 153 955. This price hardly went through any changes and remained at R 160 264 during November. The following two months (December, January) the selling price went through a devaluation of -7 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 151 705,5 to R 144 777,5 during February and March.
The average price for Volvo S60 has had a strong rise in recent years. Between 2004 and 2011, the average price is R 73 347,34. There was a significant inflation of the average price in 2004 (R 58 475) moving up till (R 78 567)in 2011. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 100 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 197 901,75) and the the last two years that have been analyzed (2015, 2017) with a price of R 249 108,5.
The graph that displays the price for Volvo S60 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 58 % more affordable than the average price (R 143 136). Next with a price of R 75 788 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 239% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 230 907.
