Bentley 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 Bentley cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of $142,643. This price hardly went through any changes and remained at $138,136 during December. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from $128,865.75 to $113,391 during March and April.
The average price for Bentley has had a strong rise in recent years. Between "before 2000" and 2018, the average price is $79,371.45. There was a significant inflation of the average price in "before 2000" ($14,816) moving up till ($188,899)in 2018. During the next two years (2019, 2021) the price for the aforementioned model has gone up strongly a 236 %. 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 ($303,256) and the the last two years that were studied (2022, 2023) with a price of $339,760.5.
The graph that displays the price for Bentley 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 60 % more affordable than the average price ($116,723). Next with a price of $84,107 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 84% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $134,457.
The graph showing the average price for the fuel type for Bentley cars points out to "Gasoline" as being the cheapest fuel type. It is 7 % less expensive than the average market price ($116,723) followed by "Flexible Fuel" priced at $111,424. On average the cheapest type of fuel is "Flexible Fuel". It´s price is 5 % more affordable than the average market value followed by "Gasoline" with a price of $108,898.
The graph displaying the average price for vehicles with doors shows that Bentley automobiles with the cheapest price have 2 doors. They are 43 % cheaper than the average price for this model priced at $66,508. Cars with the the highest price have 4 doors and are 62 % more expensive than the average mentioned before.