Volvo XC40 Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Volvo XC40 cars have increased during the last 6 months. In August the price for a car is $50,797 increasing till $54,116 in September. During the following two months (October, November) the average selling price rose somewhat going from $52,456.5 to $59,060. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($59,922.5) during December and January.
The average price for Volvo XC40 has had a strong rise in recent years. During 2019 and 2019, the average price was $39,584. During this period, prices pretty much remained constant. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 17 %. During the last two years, prices in the car industry have gone up 8 % 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 ($50,402.25) and the the last two years that were studied (2022, 2023) with a price of $54,685.5.
The graph that displays the price for Volvo XC40 cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 47 % more affordable than the average price ($60,057). Next with a price of $40,109 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $50,835.
The graph showing the average price for the fuel type for Volvo XC40 cars points out to "Gas" as being the cheapest fuel type. It is 33 % less expensive than the average market price ($60,057) followed by "Gasoline" priced at $48,241. On average the cheapest type of fuel is "Electric". It´s price is 10 % more affordable than the average market value followed by "Gasoline" with a price of $48,241.