Audi Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Audi cars has fallen during the last 6 months we have analyzed. The average price in October was of S$ 289,971. This price hardly went through any changes and remained at S$ 277,153 during November. The following two months (December, January) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from S$ 272,141.75 to S$ 251,595.5 during February and March.
The average price for Audi has had a strong rise in recent years. Between 2007 and 2018, the average price is S$ 80,134.59. There was a significant inflation of the average price in 2007 (S$ 67,367) moving up till (S$ 102,818)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 84 %. During the last two years, prices in the car industry have gone through a strong rise of 25 % 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 (S$ 195,901.25) and the the last two years that have been analyzed (2021, 2022) with a price of S$ 244,311.5.
The graph that displays the price for Audi 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 65 % more affordable than the average price (S$ 231,820). Next with a price of S$ 94,855 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at S$ 142,356.