Volkswagen Passat 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 Passat cars has had a strong depreciation during the last 6 months we have studied. In October the price for a car is $38,851 increasing till $41,418 in November. The following two months the selling price went through a strong reduction of -41 % compared to the previous two months studied. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($34,944) during February and March.
The average price for Volkswagen Passat has had a strong rise in recent years. Between 2006 and 2019, the average price is $17,364. There was a significant inflation of the average price in 2006 ($7,364) moving up till ($31,402)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 139 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % 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 ($49,176.75) and the the last two years that have been analyzed (2022, 2023) with a price of $56,919.5.
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 73 % more affordable than the average price ($36,475). Next with a price of $15,970 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 57% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $56,113.
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 64 % less expensive than the average market price ($36,475) followed by "Petrol" priced at $25,496. On average the cheapest type of fuel is "Gasoline". It´s price is 2 % more affordable than the average market value followed by "Petrol" with a price of $25,496.
The graph displaying the average price for vehicles with doors shows that Volkswagen Passat automobiles with the cheapest price have 4 doors. They are 47 % cheaper than the average price for this model priced at $19,218. Cars with the the highest price have 5 doors and are 23 % more expensive than the average mentioned before.