Peugeot 407 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 Peugeot 407 cars has had a strong depreciation during the last 6 months we have studied. In August the price for a car is €1,677 increasing till €1,860 in September. The following two months the selling price went through a strong reduction of -40 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from €1,418.5 to €1,467.5 during December and January.
The average price for Peugeot 407 has had a strong rise in recent years. During the first sample analyzed, going from 2005 to 2006, the average price was €918. Please take note of of the significant depreciation in the prices between 2005 (€1,025) and 2006 (€811). During the next two years (2007, 2008) the price for the aforementioned model has gone up strongly a 52 %. 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 (€1,967.75) and the the last two years that have been analyzed (2009, 2010) with a price of €2,542.5.
The graph that displays the price for Peugeot 407 cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 22 % more affordable than the average price (€1,483). Next with a price of €1,175 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 10% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of €1,629.
The graph showing the average price for the fuel type for Peugeot 407 cars points out to "Petrol" as being the cheapest fuel type. It is 30 % less expensive than the average market price (€1,483) followed by "Diesel" priced at €1,725. On average the most expensive type of fuel is "Diesel". It´s price is 16 % higher than the average market price followed by "Petrol" which costs €1,045.
The graph displaying the average price for vehicles with doors shows that Peugeot 407 automobiles with the cheapest price have 5 doors. They are 6 % cheaper than the average price for this model priced at €1,400. Cars with the the highest price have 4 doors and are 4 % more expensive than the average mentioned before.