Price for Triumph
Triumph Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Triumph cars have gone through a strong rise during the last 6 months. The average price for October is £17,696. During November there was a slight reduction in the selling prices dropping till £15,833. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 73 % from £16,764.5 to £28,944.5. The average price has risen 13 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (£25,780) during February and March.
The average price for Triumph has remained constant in recent years. During the first sample analyzed, going from 2015 to 2019, the average price was £8,328.6. Please take note of of the significant depreciation in the prices between 2015 (£9,796) and 2019 (£7,959). During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 32 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of £11,051 in 2022 and £11,148.5 during 2023.
The graph that displays the price for Triumph 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 54 % more affordable than the average price (£23,563). Next with a price of £12,851 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 21% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at £17,131.
