Mini Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mini cars has fallen during the last 6 months we have analyzed. The average price for January is $54,334. During February there was a slight reduction in the selling prices dropping till $46,304. The following two months (March, April) the selling price went through a devaluation of -7 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 $48,576.75 to $46,187.5 during May and June.
The average price for Mini has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $10,954.88. There was a significant inflation of the average price in "before 2000" ($5,902) moving up till ($27,863)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 231 %. During the last two years, prices in the car industry have gone up 7 % 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 ($39,246.75) and the the last two years that were studied (2019, 2020) with a price of $42,185.
The graph that displays the price for Mini 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 78 % more affordable than the average price ($45,901). Next with a price of $17,459 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $29,910.
The graph showing the average price for the fuel type for Mini cars points out to "Gas" as being the cheapest fuel type. It is 62 % less expensive than the average market price ($45,901) followed by "Flexible Fuel" priced at $22,895. On average the cheapest type of fuel is "Diesel". It´s price is 17 % more affordable than the average market value followed by "Gasoline" with a price of $28,134.
The graph showing the average price for Mini cars displays those with 3 doors as the cheapest ones. They are 83 % more affordable than the average price ($45,901). These are followed by those with 2 doors with an average price of $35,976. Cars with the lowest price have 4 doors and are 6 % cheaper than the average previously displayed.