Volvo XC60 Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Volvo XC60 cars have increased during the last 6 months. During the first month analyzed in November the average price was RM 143,083. December went through a strong inflation with a rise in the price till RM 169,908. The average selling price has remained fairly constant during the following two months, going from RM 156,495.5 to RM 153,000.5. During the last couple of months, the average price has hardly changed, remaining the same going from RM 154,748 to RM 152,437.5 during March and April.
The average price for Volvo XC60 has had a strong rise in recent years. Between 2011 and 2019, the average price is RM 81,555.11. There was a significant inflation of the average price in 2011 (RM 31,210) moving up till (RM 180,247)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 165 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % 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 257,819.25) and the the last two years that have been analyzed (2022, 2023) with a price of RM 299,654.
The graph that displays the price for Volvo XC60 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 64 % more affordable than the average price (RM 171,916). Next with a price of RM 122,384 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 53% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of RM 252,239.