Volkswagen Beetle 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 Volkswagen Beetle cars has fallen during the last 6 months we have analyzed. The average price in March was of S$ 80,690. This price hardly went through any changes and remained at S$ 77,639 during April. The following two months (May, June) the selling price went through a devaluation of -5 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$ 77,038.5 to S$ 67,478 during July and August.
The average price for Volkswagen Beetle has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2012 to 2014, the average price was S$ 61,927.67. Please take note of of the significant depreciation in the prices between 2012 (S$ 78,133) and 2014 (S$ 50,650). Cars belonging to the model aforementioned had a price deflation of -13 percent in the next two years (2015, 2017) compared to the previous two years. During the last two years, prices in the car industry have gone through a strong rise of 24 % 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$ 70,966.25) and the the last two years that have been analyzed (2018, 2019) with a price of S$ 87,833.
The graph that displays the price for Volkswagen Beetle 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 9 % more affordable than the average price (S$ 70,298). Next with a price of S$ 67,433 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 28% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of S$ 72,642.