Price for Volkswagen Touareg
Volkswagen Touareg 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 Touareg cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $100,276. This price hardly went through any changes and remained at $100,421 during November. The following two months the selling price went through a strong reduction of -46 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from $77,380.5 to $47,668.5.
The average price for Volkswagen Touareg has had a strong rise in recent years. Between 2011 and 2019, the average price is $29,512.25. There was a significant inflation of the average price in 2011 ($16,987) moving up till ($62,723)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 167 %. During the last two years, prices in the car industry have gone up 12 % 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 ($89,320.25) and the the last two years that were studied (2022, 2023) with a price of $99,854.5.
The graph that displays the price for Volkswagen Touareg 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 64 % more affordable than the average price ($47,086). Next with a price of $25,093 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 117% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $81,390.
The graph displaying the average price for vehicles with doors shows that Volkswagen Touareg automobiles with the cheapest price have 4 doors. They are 45 % cheaper than the average price for this model priced at $25,851. Cars with the the highest price have 5 doors and are 34 % more expensive than the average mentioned before.
