Price for Volvo V40
Volvo V40 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 V40 cars have remained constant in the last 6 months. The average price in October was of R 286 001. This price hardly went through any changes and remained at R 281 873 during November. The average selling price has remained fairly constant during the following two months, going from R 283 937 to R 280 877,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 282 407,25 to R 280 214 during February and March.
The average price for Volvo V40 has had a strong rise in recent years. Between 2013 and 2015, the average price is R 145 226. There was a significant inflation of the average price in 2013 (R 108 000) moving up till (R 185 188)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 61 %. During the last two years, prices in the car industry have gone up 10 % 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 259 277,5) and the the last two years that were studied (2018, 2019) with a price of R 284 559,5.
The graph that displays the price for Volvo V40 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 278 787). Next with a price of R 150 433 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 34% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 278 050.
The graph showing the average price for the fuel type for Volvo V40 cars points out to "Petrol" as being the cheapest fuel type. It is 34 % less expensive than the average market price (R 278 787) followed by "Diesel" priced at R 280 192. On average the most expensive type of fuel is "Diesel". It´s price is 1 % higher than the average market price followed by "Petrol" which costs R 184 421.
