Porsche 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 Porsche cars has fallen during the last 6 months we have analyzed. The average price in October was of S$ 562,006. This price hardly went through any changes and remained at S$ 555,300 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 -12 % devaluation compared to the previous average values going down from S$ 535,795.25 to S$ 470,837 during February and March.
The average price for Porsche has gone through a significant depreciation in recent years. During "before 2000" and 2019, the average price was S$ 196,478.47. During this period, prices pretty much remained constant. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 132 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of S$ 465,058.25 in 2022 and S$ 473,791.5 during 2023.
The graph that displays the price for Porsche 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 69 % more affordable than the average price (S$ 442,320). Next with a price of S$ 153,971 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 0% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 335,409.