Volkswagen Polo Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Volkswagen Polo cars have increased during the last 6 months. In February the price for a car is S$ 53,835 increasing till S$ 57,066 in March. During the following two months (April, May) the average selling price rose somewhat going from S$ 55,450.5 to S$ 61,745.5. During the last couple of months, the average price has hardly changed, remaining the same going from S$ 58,598 to S$ 58,513.5 during June and July.
The average price for Volkswagen Polo has had a strong rise in recent years. Between 2010 and 2012, the average price is S$ 56,901. There was a significant inflation of the average price in 2010 (S$ 35,464) moving up till (S$ 78,338)in 2012. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -16 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 29 % 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$ 67,302.25) and the the last two years that have been analyzed (2017, 2021) with a price of S$ 87,064.5.
The graph that displays the price for Volkswagen Polo 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 22 % more affordable than the average price (S$ 53,918). Next with a price of S$ 46,673 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 77% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 86,050.