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 October the average price per vehicle is $16,160. During November the price went trough a strong deflation till $10,577. The following two months (December, January) the selling price went through a devaluation of -14 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 $12,433.25 to $12,161 during February and March.
The average price for Dodge 1500 has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2011 to 2016, the average price was $13,061.33. Please take note of of the significant depreciation in the prices between 2011 ($18,586) and 2016 ($9,332).
The graph that displays the price for Dodge 1500 cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 1 % more affordable than the average price ($12,210). Next with a price of $12,475 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 2% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $12,129.