Price for Ford
Ford 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 Ford cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of $997,975. This price hardly went through any changes and remained at $999,986 during December. The following two months the selling price went through a strong reduction of -63 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -33 % compared to the 4 previous average values going down from $684,230.75 to $458,728.5.
The average price for Ford has had a strong rise in recent years. Between "before 2000" and 2018, the average price is $50,165.1. There was a significant inflation of the average price in "before 2000" ($44,221) moving up till ($87,206)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 106 %. 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 ($112,925) and the the last two years that were studied (2021, 2022) with a price of $122,272.
The graph that displays the price for Ford 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 ($451,753). Next with a price of $109,094 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 36% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $144,230.
The graph showing the average price for the fuel type for Ford cars points out to "Flexible" as being the cheapest fuel type. It is 87 % less expensive than the average market price ($451,753) followed by "Diesel" priced at $110,174. On average the cheapest type of fuel is "Gasoline". It´s price is 71 % more affordable than the average market value followed by "Gas" with a price of $110,954.
The graph showing the average price for Ford cars displays those with 5 doors as the cheapest ones. They are 96 % more affordable than the average price ($451,753). These are followed by those with 3 doors with an average price of $60,179. Cars with the lowest average price have 4 !doors and are 76 % cheaper than the average followed by those with 2 doors with a selling price of $86,984.
