Volkswagen Polo 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 Polo cars has had a strong depreciation during the last 6 months we have studied. In April the average price per vehicle is $39,143. During May the price went trough a strong deflation till $24,121. The following two months the selling price went through a strong reduction of -33 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from $26,349.5 to $20,470.
The average price for Volkswagen Polo has had a strong rise in recent years. Between 2007 and 2016, the average price is $13,140. There was a significant inflation of the average price in 2007 ($7,346) moving up till ($22,883)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 86 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 ($30,643.25) and the the last two years that have been analyzed (2019, 2020) with a price of $36,876.
The graph that displays the price for Volkswagen Polo 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 62 % more affordable than the average price ($21,882). Next with a price of $11,141 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 45% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $15,114.