Alfa Romeo 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 Alfa Romeo cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $68,768. During November there was a slight reduction in the selling prices dropping till $58,688. The following two months (December, January) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -13 % devaluation compared to the previous average values going down from $61,248.5 to $53,400 during February and March.
The average price for Alfa Romeo has had a strong rise in recent years. Between "before 2000" and 2019, the average price is $38,799.4. There was a significant inflation of the average price in "before 2000" ($20,245) moving up till ($38,828)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 34 %. 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 ($61,544.75) and the the last two years that have been analyzed (2022, 2023) with a price of $71,232.5.
The graph that displays the price for Alfa Romeo 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 50 % more affordable than the average price ($55,537). Next with a price of $33,077 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $52,284.
The graph displaying the average price for vehicles with doors shows that Alfa Romeo automobiles with the cheapest price have 4 doors. They are 34 % cheaper than the average price for this model priced at $36,806. Cars with the lowest price have 2 doors and are 17 % cheaper than the average previously displayed.