Peugeot 508 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 Peugeot 508 cars has fallen during the last 6 months we have analyzed. The average price in May was €36,076. This price hardly went through any changes and remained at €35,525 during June. The average selling price has remained fairly constant during the following two months, going from €35,800.5 to €34,575. In the last two months, the price has gone through a strong devaluation of -17 % compared to the 4 previous average values going down from €35,187.75 to €29,256.
The average price for Peugeot 508 has had a strong rise in recent years. Between 2011 and 2016, the average price is €9,663.83. There was a significant inflation of the average price in 2011 (€5,516) moving up till (€14,682)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 88 %. During the last two years, prices in the car industry have gone through a strong rise of 30 % 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 (€25,895.75) and the the last two years that have been analyzed (2019, 2020) with a price of €33,637.
The graph that displays the price for Peugeot 508 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 68 % more affordable than the average price (€26,899). Next with a price of €10,520 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 32% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of €25,399.
The graph showing the average price for the fuel type for Peugeot 508 cars points out to "Diesel" as being the cheapest fuel type. It is 10 % less expensive than the average market price (€26,899) followed by "Hybrid" priced at €36,179. On average the most expensive type of fuel is "Hybrid". It´s price is 34 % higher than the average market price followed by "Diesel" which costs €24,302.
The graph displaying the average price for vehicles with doors shows that Peugeot 508 automobiles with the cheapest price have 4 doors. They are 29 % cheaper than the average price for this model priced at €19,049. Cars with the lowest price have 5 doors and are 9 % cheaper than the average previously displayed.