Porsche Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Porsche cars have gone through a strong rise during the last 6 months. The average price for October is AED 142,297. During November there was a slight reduction in the selling prices dropping till AED 131,285. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 50 % from AED 136,791 to AED 205,004.5. The average price has had spectacular rise of 85 % with an average price of AED 170,897.75 during the previous 4 months and AED 316,946 during the most recent months in February and March.
The average price for Porsche has had a strong rise in recent years. Between 2008 and 2020, the average price is AED 132,482.08. There was a significant inflation of the average price in 2008 (AED 24,600) moving up till (AED 233,989)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 73 %. During the last two years, prices in the car industry have gone through a strong rise of 17 % 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 (AED 277,437.5) and the the last two years that have been analyzed (2023, 2024) with a price of AED 325,303.5.
The graph that displays the price for Porsche 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 89 % more affordable than the average price (AED 297,131). Next with a price of AED 59,600 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 10% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at AED 239,000.
The graph showing the average price for Porsche cars displays those with 2 doors as the cheapest ones. They are 86 % more affordable than the average price (AED 297,131). These are followed by those with 5 doors with an average price of AED 60,212. Cars with the lowest price have 4 doors and are 74 % cheaper than the average previously displayed.