Dodge Caravan Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Dodge Caravan cars have gone through a strong rise during the last 6 months. The average price in February was of $11,305. This price hardly went through any changes and remained at $11,827 during March. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 88 % from $11,566 to $21,750. In the last two months, the price has gone through a strong devaluation of -31 % compared to the 4 previous average values going down from $16,658 to $11,445.5.
The average price for Dodge Caravan has had a strong rise in recent years. Between "before 2000" and 2006, the average price is $5,599.57. There was a significant inflation of the average price in "before 2000" ($2,698) moving up till ($5,366)in 2006. During the next two years (2007, 2016) the price for the aforementioned model has gone up strongly a 208 %. During the last two years, prices in the car industry have gone through a strong rise of 35 % 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 ($26,526.5) and the the last two years that have been analyzed (2017, 2019) with a price of $35,788.5.
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 63 % more affordable than the average price ($10,721). Next with a price of $4,247 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 $9,228.