Dodge Caravan 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 Caravan cars has had a strong depreciation during the last 6 months we have studied. The average price for April is $16,834. During May there was a slight reduction in the selling prices dropping till $15,495. The following two months the selling price went through a strong reduction of -49 % compared to the previous two months studied. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from $12,243.75 to $10,869.5 during August and September.
The average price for Dodge Caravan has had a strong rise in recent years. Between "before 2000" and 2005, the average price is $3,565.86. There was a significant inflation of the average price in "before 2000" ($2,512) moving up till ($3,805)in 2005. During the next two years (2006, 2007) the price for the aforementioned model has gone up strongly a 27 %. During the last two years, prices in the car industry have gone through a strong rise of 73 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($16,906.75) and the the last two years that have been analyzed (2016, 2019) with a price of $29,299.
The graph that displays the price for Dodge Caravan 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 76 % more affordable than the average price ($10,146). Next with a price of $3,974 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 13% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at $8,361.
The graph showing the average price for the fuel type for Dodge Caravan cars points out to "Gasoline" as being the cheapest fuel type. It is 62 % less expensive than the average market price ($10,146) followed by "Gas" priced at $3,939. On average the cheapest type of fuel is "Flexible Fuel". It´s price is 32 % more affordable than the average market value followed by "Gas" with a price of $3,939.