Chrysler 300 M 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 Chrysler 300 M cars has had a strong depreciation during the last 6 months we have studied. The average price in May was of $7,513. This price hardly went through any changes and remained at $7,472 during June. The following two months the selling price went through a strong reduction of -50 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -37 % compared to the 4 previous average values going down from $5,635.75 to $3,559.5.
The average price for Chrysler 300 M has had a strong rise in recent years. Between "before 2000" and 2000, the average price is $2,976. There was a significant inflation of the average price in "before 2000" ($2,672) moving up till ($3,280)in 2000. During the next two years (2001, 2002) the price for the aforementioned model has gone up strongly a 18 %. During the last two years, prices in the car industry have gone up 10 % 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 ($3,910.75) and the the last two years that were studied (2003, 2004) with a price of $4,318.5.
The graph that displays the price for Chrysler 300 M 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 56 % more affordable than the average price ($3,698). Next with a price of $3,534 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 17% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $3,786.