Price for Volvo S60
Volvo S60 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 Volvo S60 cars has fallen during the last 6 months we have analyzed. The average price in November was of $53,457. This price hardly went through any changes and remained at $52,204 during December. The following two months (January, February) the selling price went through a devaluation of -5 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from $51,443.5 to $49,901 during March and April.
The average price for Volvo S60 has had a strong rise in recent years. Between 2001 and 2018, the average price is $12,089.76. There was a significant inflation of the average price in 2001 ($4,091) moving up till ($30,240)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 225 %. During the last two years, prices in the car industry have gone up 6 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($41,865.75) and the the last two years that were studied (2021, 2022) with a price of $44,387.5.
The graph that displays the price for Volvo S60 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 92 % more affordable than the average price ($48,650). Next with a price of $14,196 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $42,546.
The graph showing the average price for the fuel type for Volvo S60 cars points out to "Gasoline" as being the cheapest fuel type. It is 33 % less expensive than the average market price ($48,650) followed by "Gas" priced at $41,994. On average the most expensive type of fuel is "Hybrid". It´s price is 2 % higher than the average market price followed by "Gas" which costs $41,994.
