Price for Volkswagen GTI
Volkswagen GTI 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 GTI cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $29,478. During November there was a slight reduction in the selling prices dropping till $27,887. 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 -32 % compared to the 4 previous average values going down from $26,473.5 to $17,980.
The average price for Volkswagen GTI has had a strong rise in recent years. Between "before 2000" and 2018, the average price is $16,233.8. There was a significant inflation of the average price in "before 2000" ($3,350) moving up till ($22,995)in 2018. During the next two years (2019, 2021) the price for the aforementioned model has gone up strongly a 81 %. 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 ($33,168.75) and the the last two years that were studied (2022, 2023) with a price of $37,005.
The graph that displays the price for Volkswagen GTI 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 72 % more affordable than the average price ($19,961). Next with a price of $15,879 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 76% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $32,552.
The graph displaying the average price for vehicles with doors shows that Volkswagen GTI automobiles with the highest price have 5 doors. They are 22 % more costly than the average price for this model priced at $24,365. Cars with the the highest price have 4 doors and are 42 % more expensive than the average mentioned before.
