Volkswagen Passat 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 Passat cars has fallen during the last 6 months we have analyzed. The average price for April is S$ 89,975. During May there was a slight reduction in the selling prices dropping till S$ 82,041. The following two months (June, July) the selling price went through a devaluation of -12 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$ 80,733.5 to S$ 77,916.5 during August and September.
The average price for Volkswagen Passat has had a strong rise in recent years. During the first sample analyzed, going from 2010 to 2011, the average price was S$ 38,619. Please take note of of the significant depreciation in the prices between 2010 (S$ 50,042) and 2011 (S$ 27,196). During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 106 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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$ 97,989.5) and the the last two years that have been analyzed (2018, 2019) with a price of S$ 116,463.
The graph that displays the price for Volkswagen Passat cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 39 % more affordable than the average price (S$ 75,862). Next with a price of S$ 71,337 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 50% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 93,942.