Volvo S40 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 S40 cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₱ 299,875. During November there was a slight reduction in the selling prices dropping till ₱ 269,889. The following two months the selling price went through a strong reduction of -26 % compared to the previous two months studied. The average price has risen 12 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 277,447.5) during February and March.
The graph that displays the price for Volvo S40 cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 9 % more affordable than the average price (₱ 355,895). Next with a price of ₱ 415,500 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 31% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 415,500.