Bentley Flying Spur 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 Bentley Flying Spur cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of RM 615,242. This price hardly went through any changes and remained at RM 615,378 during December. The following two months the selling price went through a strong reduction of -21 % compared to the previous two months studied. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from RM 549,585.25 to RM 512,531 during March and April.
The average price for Bentley Flying Spur has had a strong rise in recent years. Between 2005 and 2013, the average price is RM 151,083.25. There was a significant inflation of the average price in 2005 (RM 63,700) moving up till (RM 302,600)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 160 %. During the last two years, prices in the car industry have gone through a strong rise of 59 % 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 (RM 953,830.5) and the the last two years that have been analyzed (2020, 2021) with a price of RM 1,515,425.5.
The graph that displays the price for Bentley Flying Spur cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 86 % more affordable than the average price (RM 471,892). Next with a price of RM 168,557 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 109% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of RM 769,445.