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. In May the average price per vehicle is ₹ 36.41 lakhs. During June the price went trough a strong deflation till ₹ 11.68 lakhs. The following two months the selling price went through a strong reduction of -48 % compared to the previous two months studied. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from ₹ 18.3 lakhs to ₹ 16.57 lakhs during September and October.
The average price for Volkswagen Passat has had a strong rise in recent years. Between 2009 and 2011, the average price is ₹ 4.96 lakhs. There was a significant inflation of the average price in 2009 (₹ 5 lakhs) moving up till (₹ 6.08 lakhs)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 66 %. During the last two years, prices in the car industry have gone through a strong rise of 48 % 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 (₹ 15.73 lakhs) and the the last two years that have been analyzed (2018, 2019) with a price of ₹ 23.21 lakhs.
The graph that displays the price for Volkswagen Passat cars according to their mileage shows that those cars within a mileage range of "1,00,000 - 2,00,000" are the ones with the lowest price. They are 43 % more affordable than the average price (₹ 10.25 lakhs). Next with a price of ₹ 9.51 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 75% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 1,00,000" and a price of ₹ 9.51 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 41 % less expensive than the average market price (₹ 10.25 lakhs) followed by "Diesel" priced at ₹ 13.02 lakhs. On average the most expensive type of fuel is "Diesel". It´s price is 27 % higher than the average market price followed by "Petrol" which costs ₹ 6 lakhs.