Porsche Cayenne 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 Porsche Cayenne cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₱ 3,983,857. During November the price went trough a strong deflation till ₱ 3,166,100. The following two months the selling price went through a strong reduction of -28 % compared to the previous two months studied. The average price has risen 11 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 3,412,753.5) during February and March.
The average price for Porsche Cayenne has had a strong rise in recent years. Between 2004 and 2014, the average price is ₱ 2,109,769.5. There was a significant inflation of the average price in 2004 (₱ 1,441,000) moving up till (₱ 2,534,800)in 2014. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 183 %. 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 (₱ 7,232,009) and the the last two years that have been analyzed (2018, 2021) with a price of ₱ 8,490,625.
The graph that displays the price for Porsche Cayenne 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 54 % more affordable than the average price (₱ 3,874,650). Next with a price of ₱ 2,579,545 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 36% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₱ 4,417,143.
The graph showing the average price for the fuel type for Porsche Cayenne cars points out to "Diesel" as being the cheapest fuel type. It is 86 % less expensive than the average market price (₱ 3,874,650) followed by "Gasoline" priced at ₱ 540,000. On average the cheapest type of fuel is "Gasoline". It´s price is 86 % more affordable than the average market value followed by "Diesel" with a price of ₱ 531,667.