Smart 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 Smart cars have gone through a strong rise during the last 6 months. The average price in October was of S$ 118,144. This price hardly went through any changes and remained at S$ 118,144 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 20 % from S$ 118,144 to S$ 141,433. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (S$ 140,742.5) during February and March.