Bentley Continental GT 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 Continental GT cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is £131,403. During November the price went trough a strong deflation till £86,317. The following two months the selling price went through a strong reduction of -42 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -29 % compared to the 4 previous average values going down from £85,780.25 to £61,293.
The average price for Bentley Continental GT has had a strong rise in recent years. Between 2004 and 2012, the average price is £22,400.67. There was a significant inflation of the average price in 2004 (£13,409) moving up till (£38,785)in 2012. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 142 %. During the last two years, prices in the car industry have gone through a strong rise of 47 % 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 (£102,677.75) and the the last two years that have been analyzed (2020, 2022) with a price of £151,198.5.
The graph that displays the price for Bentley Continental GT 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 77 % more affordable than the average price (£62,562). Next with a price of £29,010 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 173% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £100,517.