Ferrari California 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 Ferrari California cars has fallen during the last 6 months we have analyzed. The average price in November was of S$ 411,317. This price hardly went through any changes and remained at S$ 403,978 during December. The following two months (January, February) the selling price went through a devaluation of -13 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from S$ 381,255 to S$ 369,052.5 during March and April.
The average price for Ferrari California has had a strong rise in recent years. During the first sample analyzed (2009 - 2010), the average selling price stood at S$ 293,031.5. During this time, the price for 2009 which was S$ 307,263 decreased to S$ 278,800 during 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 23 %. During the last two years, prices in the car industry have gone up 11 % 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 (S$ 403,519.5) and the the last two years that were studied (2013, 2015) with a price of S$ 445,969.5.
The graph that displays the price for Ferrari California cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 15 % more affordable than the average price (S$ 394,374). Next with a price of S$ 378,755 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 9% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of S$ 383,933.