Price for Mack

The retail prices for Mack cars have increased during the last 6 months. During the first month analyzed in October the average price was $52,108. November went through a strong inflation with a rise in the price till $74,691. The following two months (December, January) the selling price went through a devaluation of -5 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -25 % compared to the 4 previous average values going down from $61,770.75 to $46,625.5.

The average price for Mack has had a strong rise in recent years. Between "before 2000" and 2012, the average price is $31,826.33. There was a significant inflation of the average price in "before 2000" ($18,873) moving up till ($44,728)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 181 %. During the last two years, prices in the car industry have gone up 15 % 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 ($104,959.25) and the the last two years that were studied (2016, 2017) with a price of $120,408.5.

The graph that displays the price for Mack 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 31 % more affordable than the average price ($48,242). Next with a price of $36,633 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 52% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $73,080.