Price for Volvo S60
Volvo S60 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 S60 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $45,688. During November the price went trough a strong deflation till $34,275. The following two months (December, January) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -27 % compared to the 4 previous average values going down from $37,528.75 to $27,413.5.
The average price for Volvo S60 has had a strong rise in recent years. Between 2003 and 2013, the average price is $12,504. There was a significant inflation of the average price in 2003 ($8,088) moving up till ($16,920)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 67 %. During the last two years, prices in the car industry have gone through a strong rise of 45 % 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 ($37,937) and the the last two years that have been analyzed (2019, 2023) with a price of $54,933.5.
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 66 % more affordable than the average price ($28,917). Next with a price of $18,266 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 119% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $42,657.
The graph showing the average price for the fuel type for Volvo S60 cars marks "Petrol" as the most costly fuel type. It is 6 % more expensive than the average market price ($28,917) followed by "Gasoline" priced at $35,155. On average the most expensive type of fuel is "Gasoline". It´s price is 22 % higher than the average market price followed by "Petrol" which costs $30,740.
