Volkswagen New Beetle 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 New Beetle cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $10,065. During November the price went trough a strong deflation till $7,952. The following two months (December, January) the selling price went through a devaluation of -10 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 $8,563.75 to $7,481.5 during February and March.
The average price for Volkswagen New Beetle has had a strong rise in recent years. Between 2001 and 2003, the average price is $6,799. There was a significant inflation of the average price in 2001 ($4,300) moving up till ($9,298)in 2003. During the next two years (2004, 2007) the price for the aforementioned model has gone up strongly a 59 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of $10,934.25 in 2008 and $11,089 during 2010.
The graph that displays the price for Volkswagen New Beetle 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 10 % more affordable than the average price ($10,175). Next with a price of $10,077 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $9,113.