Volvo V60 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 Volvo V60 cars has had a strong depreciation during the last 6 months we have studied. The average price in October was €34,516. This price hardly went through any changes and remained at €34,998 during November. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from €30,539.75 to €23,719.
The average price for Volvo V60 has had a strong rise in recent years. Between 2012 and 2016, the average price is €12,880.8. There was a significant inflation of the average price in 2012 (€10,915) moving up till (€17,343)in 2016. During the next two years (2017, 2019) the price for the aforementioned model has gone up strongly a 90 %. During the last two years, prices in the car industry have gone through a strong rise of 35 % 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 (€37,656.75) and the the last two years that have been analyzed (2020, 2024) with a price of €50,858.5.
The graph that displays the price for Volvo V60 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 59 % more affordable than the average price (€23,777). Next with a price of €15,248 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 31% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of €29,225.
The graph showing the average price for the fuel type for Volvo V60 cars points out to "Petrol" as being the cheapest fuel type. It is 27 % less expensive than the average market price (€23,777) followed by "Diesel" priced at €18,057. On average the most expensive type of fuel is "Hybrid". It´s price is 163 % higher than the average market price followed by "Diesel" which costs €18,057.