Volkswagen Passat Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Volkswagen Passat cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in November the average price was ₹ 65.53 lakhs. December went through a strong inflation with a rise in the price till ₹ 95.61 lakhs. The following two months the selling price went through a strong reduction of -28 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -87 % compared to the 4 previous average values going down from ₹ 69.19 lakhs to ₹ 9.32 lakhs.
The average price for Volkswagen Passat has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2007 to 2010, the average price was ₹ 42.79 lakhs. Please take note of of the significant depreciation in the prices between 2007 (₹ 85.05 lakhs) and 2010 (₹ 4.87 lakhs). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -80 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 32 % 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 (₹ 12.39 lakhs) and the the last two years that have been analyzed (2013, 2018) with a price of ₹ 16.39 lakhs.
The graph that displays the price for Volkswagen Passat cars according to their mileage shows that those cars within a mileage range of "50,000 - 1,00,000" are the ones with the lowest price. They are 24 % more affordable than the average price (₹ 9.23 lakhs). Next with a price of ₹ 24 lakhs and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 1450% more costly than the average market value followed by those vehicles with a mileage of "1,00,000 - 2,00,000" and a price of ₹ 44.17 lakhs.
The graph showing the average price for the fuel type for Volkswagen Passat cars points out to "Petrol" as being the cheapest fuel type. It is 45 % less expensive than the average market price (₹ 9.23 lakhs) followed by "Diesel" priced at ₹ 26.44 lakhs. On average the most expensive type of fuel is "Diesel". It´s price is 187 % higher than the average market price followed by "Petrol" which costs ₹ 5.12 lakhs.