Price for Lotus
Lotus Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Lotus cars have increased during the last 6 months. The average price for October is £55,990. During November there was a slight reduction in the selling prices dropping till £50,727. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 17 % from £53,358.5 to £62,431. The average price has had spectacular rise of 24 % with an average price of £57,894.75 during the previous 4 months and £71,512.5 during the most recent months in February and March.
The average price for Lotus has had a strong rise in recent years. Between "before 2000" and 2017, the average price is £37,067.29. There was a significant inflation of the average price in "before 2000" (£20,384) moving up till (£41,645)in 2017. During the next two years (2018, 2020) the price for the aforementioned model has gone up strongly a 60 %. During the last two years, prices in the car industry have gone up 13 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (£68,331.5) and the the last two years that were studied (2022, 2023) with a price of £77,427.5.
The graph that displays the price for Lotus 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 74 % more affordable than the average price (£76,923). Next with a price of £24,800 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 1% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £47,356.
The graph showing the average price for the fuel type for Lotus cars points out to "Petrol" as being the cheapest fuel type. It is 38 % less expensive than the average market price (£76,923) followed by "Electric" priced at £118,482. On average the most expensive type of fuel is "Electric". It´s price is 54 % higher than the average market price followed by "Petrol" which costs £47,344.
The graph displaying the average price for vehicles with doors shows that Lotus automobiles with the cheapest price have 2 doors. They are 44 % cheaper than the average price for this model priced at £42,724. Cars with the the highest price have 5 doors and are 57 % more expensive than the average mentioned before.
