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 January the average price per vehicle is $24,468. During February the price went trough a strong deflation till $20,791. The following two months (March, April) 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 months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from $21,190 to $16,344.5.
The average price for Dodge 1500 has had a strong rise in recent years. Between 2001 and 2018, the average price is $12,969.75. There was a significant inflation of the average price in 2001 ($3,835) moving up till ($26,411)in 2018.
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 55 % more affordable than the average price ($11,973). Next with a price of $8,299 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 85% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $8,299.