Volvo V40 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 V40 cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of ₱ 1,331,667. This price hardly went through any changes and remained at ₱ 1,331,667 during December. The following two months the selling price went through a strong reduction of -51 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 989,271 to ₱ 1,007,050 during March and April.
The graph that displays the price for Volvo V40 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 10 % more affordable than the average price (₱ 988,600). Next with a price of ₱ 1,328,333 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 34% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 894,667.