Dodge 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 Dodge cars has had a strong depreciation during the last 6 months we have studied. The average price for May is $253,158. During June there was a slight reduction in the selling prices dropping till $217,417. The following two months the selling price went through a strong reduction of -22 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $208,894.5 to $209,830 during September and October.
The average price for Dodge has remained constant in recent years. Between "before 2000" and 2015, the average price is $32,516.59. There was a significant inflation of the average price in "before 2000" ($42,190) moving up till ($55,077)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 139 %. 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 ($89,361) and the the last two years that were studied (2018, 2019) with a price of $101,083.5.
The graph that displays the price for Dodge cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 89 % more affordable than the average price ($210,891). Next with a price of $36,269 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 9% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $70,019.
The graph showing the average price for the fuel type for Dodge cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 89 % less expensive than the average market price ($210,891) followed by "Flexible" priced at $28,580. On average the cheapest type of fuel is "Gasoline". It´s price is 39 % more affordable than the average market value followed by "Diesel" with a price of $39,502.
The graph showing the average price for Dodge cars displays those with 3 doors as the cheapest ones. They are 94 % more affordable than the average price ($210,891). These are followed by those with 5 doors with an average price of $17,809. Cars with the lowest average price have 2 !doors and are 60 % cheaper than the average followed by those with 4 doors with a selling price of $66,835.