Price for Volkswagen Golf

Volkswagen Golf Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.

₦ 2,323,716.67
Average price Last 6 months
Price for Volkswagen Golf

The selling price for Volkswagen Golf cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of ₦ 3,303,000. This price hardly went through any changes and remained at ₦ 3,190,875 during October. The following two months (November, December) the selling price went through a devaluation of -15 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -68 % compared to the 4 previous average values going down from ₦ 3,008,437.5 to ₦ 954,275.

Price per registration year

The average price for Volkswagen Golf has had a strong rise in recent years. During the first sample analyzed, going from "before 2000" to 2010, the average price was ₦ 732,207.56. Please take note of of the significant depreciation in the prices between "before 2000" (₦ 603,132) and 2010 (₦ 307,778). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -20 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 25 % 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 (₦ 782,187.5) and the the last two years that have been analyzed (2013, 2014) with a price of ₦ 975,000.

Price per mileage

The graph that displays the price for Volkswagen Golf 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 66 % more affordable than the average price (₦ 1,037,494). Next with a price of ₦ 362,500 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 54% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of ₦ 1,145,875.

Charts data
Average price February
Number of Volkswagen Golf ads used
Num. of cars with registration year mentioned
Num. of cars with mileage mentioned
₦ 1,037,494
2,612
2,612
1,368
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value