Volvo 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 Volvo cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $94,146. This price hardly went through any changes and remained at $91,716 during November. During the following two months (December, January) the average selling price rose somewhat going from $92,931 to $101,029. In the last two months, the price has gone through a strong devaluation of -50 % compared to the 4 previous average values going down from $96,980 to $48,279.