Price for Volvo
Volvo Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Volvo cars have remained constant in the last 6 months. The average price in October was of AED 42,006. This price hardly went through any changes and remained at AED 40,856 during November. The following two months (December, January) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 16 % with an average price of AED 39,886.25 during the previous 4 months and AED 46,261 during the most recent months in February and March.
The average price for Volvo has had a strong rise in recent years. Between 2007 and 2018, the average price is AED 45,051.57. There was a significant inflation of the average price in 2007 (AED 17,125) moving up till (AED 98,598)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 139 %. During the last two years, the car industry has had a strong deflation in its selling prices of -42 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (AED 75,574.75) and the the last two years (2022, 2023) with a price of AED 43,675.
The graph that displays the price for Volvo 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 69 % more affordable than the average price (AED 47,995). Next with a price of AED 24,115 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 177% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 58,256.
The graph showing the average price for Volvo cars displays those with 2 doors as the cheapest ones. They are 85 % more affordable than the average price (AED 47,995). These are followed by those with 5 doors with an average price of AED 34,867. Cars with the the highest price have 4 doors and are 43 % more expensive than the average mentioned before.
