Fiat 500L 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 Fiat 500L cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is £10,497. During November the price went trough a strong deflation till £8,825. The following two months (December, January) the selling price went through a devaluation of -10 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from £9,173 to £8,944.5 during February and March.
The average price for Fiat 500L has had a strong rise in recent years. Between 2013 and 2016, the average price is £5,313.25. There was a significant inflation of the average price in 2013 (£4,270) moving up till (£5,901)in 2016. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 90 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of £10,527.5 in 2020 and £10,984 during 2021.
The graph that displays the price for Fiat 500L 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 55 % more affordable than the average price (£8,407). Next with a price of £5,209 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 26% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £10,175.
The graph showing the average price for the fuel type for Fiat 500L cars points out to "Diesel" as being the cheapest fuel type. It is 38 % less expensive than the average market price (£8,407) followed by "Petrol" priced at £6,951. On average the cheapest type of fuel is "Petrol". It´s price is 17 % more affordable than the average market value followed by "Diesel" with a price of £5,225.