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. In October the average price per vehicle is $14,497. During November the price went trough a strong deflation till $9,724. The following two months the selling price went through a strong reduction of -29 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -26 % compared to the 4 previous average values going down from $10,375.25 to $7,688.
The average price for Dodge Caravan has had a strong rise in recent years. Between "before 2000" and 2006, the average price is $3,108.75. There was a significant inflation of the average price in "before 2000" ($2,384) moving up till ($3,916)in 2006. During the next two years (2007, 2015) the price for the aforementioned model has gone up strongly a 178 %. During the last two years, prices in the car industry have gone through a strong rise of 48 % 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 ($16,595.25) and the the last two years that have been analyzed (2016, 2019) with a price of $24,544.
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 67 % more affordable than the average price ($7,948). Next with a price of $3,679 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 2% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $4,858.