Price for Volkswagen Passat
Volkswagen Passat Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Volkswagen Passat cars have gone through a strong rise during the last 6 months. During the first month analyzed in June the average price was $18,560. July went through a strong inflation with a rise in the price till $21,373. During the following two months (August, September) the average selling price experienced a noticeable rise, going up 53 % from $19,966.5 to $30,623.5. The average price has had spectacular rise of 26 % with an average price of $25,295 during the previous 4 months and $31,830.5 during the most recent months in October and November.
The average price for Volkswagen Passat has had a strong rise in recent years. Between 2005 and 2018, the average price is $17,282.79. There was a significant inflation of the average price in 2005 ($4,495) moving up till ($43,198)in 2018. During the next two years (2019, 2021) the price for the aforementioned model has gone up strongly a 190 %. 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 ($57,089.25) and the the last two years that were studied (2022, 2023) with a price of $63,988.
The graph that displays the price for Volkswagen Passat 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 71 % more affordable than the average price ($31,367). Next with a price of $12,258 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 105% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $45,641.
The graph showing the average price for the fuel type for Volkswagen Passat cars points out to "Gasoline" as being the cheapest fuel type. It is 34 % less expensive than the average market price ($31,367) followed by "Diesel" priced at $23,843. On average the most expensive type of fuel is "Hybrid". It´s price is 30 % higher than the average market price followed by "Diesel" which costs $23,843.
