Smart Fortwo Coupe 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 Smart Fortwo Coupe cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is £9,348. During November the price went trough a strong deflation till £6,300. During the following two months (December, January) the average selling price rose somewhat going from £7,824 to £8,503.5. During the last couple of months, the average price has hardly changed, remaining the same going from £8,163.75 to £8,193 during February and March.
The average price for Smart Fortwo Coupe has had a strong rise in recent years. Between 2007 and 2019, the average price is £5,167.38. There was a significant inflation of the average price in 2007 (£2,870) moving up till (£7,614)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 119 %. During the last two years, prices in the car industry have gone up 8 % 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 (£12,314.5) and the the last two years that were studied (2022, 2023) with a price of £13,329.
The graph that displays the price for Smart Fortwo Coupe 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 73 % more affordable than the average price (£8,736). Next with a price of £3,451 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 40% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £9,047.
The graph showing the average price for the fuel type for Smart Fortwo Coupe cars points out to "Diesel" as being the cheapest fuel type. It is 65 % less expensive than the average market price (£8,736) followed by "Petrol" priced at £6,537. On average the most expensive type of fuel is "Electric". It´s price is 36 % higher than the average market price followed by "Petrol" which costs £6,537.