Price for Volvo XC60
Volvo XC60 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 XC60 cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $94,283. This price hardly went through any changes and remained at $94,623 during November. The following two months the selling price went through a strong reduction of -15 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -28 % compared to the 4 previous average values going down from $87,359 to $63,014.
The average price for Volvo XC60 has had a strong rise in recent years. Between 2009 and 2019, the average price is $25,580.5. There was a significant inflation of the average price in 2009 ($11,996) moving up till ($45,381)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 115 %. During the last two years, prices in the car industry have gone through a strong rise of 21 % 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 ($69,767.5) and the the last two years that have been analyzed (2022, 2023) with a price of $84,640.5.
The graph that displays the price for Volvo XC60 cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 72 % more affordable than the average price ($77,676). Next with a price of $36,935 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 16% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $69,790.
The graph showing the average price for the fuel type for Volvo XC60 cars points out to "Diesel" as being the cheapest fuel type. It is 70 % less expensive than the average market price ($77,676) followed by "Gasoline" priced at $67,531. On average the cheapest type of fuel is "Petrol". It´s price is 3 % more affordable than the average market value followed by "Gasoline" with a price of $67,531.
The graph displaying the average price for vehicles with doors shows that Volvo XC60 automobiles with the cheapest price have 4 doors. They are 64 % cheaper than the average price for this model priced at $27,814. Cars with the lowest price have 5 doors and are 1 % cheaper than the average previously displayed.
