Dodge 1500 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 Dodge 1500 cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is $32,741. During July the price went trough a strong deflation till $23,437. The following two months (August, September) the selling price went through a devaluation of -13 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from $26,200.5 to $23,880 during October and November.
The average price for Dodge 1500 has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $14,931.25. There was a significant inflation of the average price in "before 2000" ($6,529) moving up till ($18,999)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 85 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of $28,885 in 2018 and $30,220.5 during 2019.
The graph that displays the price for Dodge 1500 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 73 % more affordable than the average price ($24,574). Next with a price of $20,140 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $28,358.