Ram Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Ram cars have gone through a strong rise during the last 6 months. In November the price for a car is $119,815 increasing till $128,249 in December. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 16 % from $124,032 to $143,928.5. During the last couple of months, the average price has hardly changed, remaining the same going from $133,980.25 to $137,215 during March and April.
The average price for Ram has had a strong rise in recent years. Between 2006 and 2018, the average price is $50,137.1. There was a significant inflation of the average price in 2006 ($19,300) moving up till ($73,085)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 75 %. During the last two years, prices in the car industry have gone up 12 % 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 ($100,085.75) and the the last two years that were studied (2021, 2022) with a price of $112,481.
The graph that displays the price for Ram 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 70 % more affordable than the average price ($128,249). Next with a price of $63,036 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $98,026.
The graph showing the average price for the fuel type for Ram cars points out to "Flexible" as being the cheapest fuel type. It is 67 % less expensive than the average market price ($128,249) followed by "Gasoline" priced at $84,861. On average the cheapest type of fuel is "Gas". It´s price is 17 % more affordable than the average market value followed by "Diesel" with a price of $94,435.
The graph showing the average price for Ram cars displays those with 2 doors as the cheapest ones. They are 66 % more affordable than the average price ($128,249). These are followed by those with 3 doors with an average price of $48,347. Cars with the lowest price have 4 doors and are 23 % cheaper than the average previously displayed.