Dodge Diplomat 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 Diplomat cars has had a strong depreciation during the last 6 months we have studied. The average price for January is $76,843. During February there was a slight reduction in the selling prices dropping till $65,406. The following two months the selling price went through a strong reduction of -33 % compared to the previous two months studied. In the last two, the price has gone through a -10 % devaluation compared to the previous average values going down from $59,400.75 to $53,197 during May and June.
The average price for Dodge Diplomat has had a strong rise in recent years. Between "before 2000" and 2003, the average price is $53,003.67. There was a significant inflation of the average price in "before 2000" ($38,628) moving up till ($70,250)in 2003. During the next two years (2004, 2005) the price for the aforementioned model has gone up strongly a 44 %. During the last two years, prices in the car industry have gone up 14 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($88,799.25) and the the last two years that were studied (2006, 2007) with a price of $101,249.5.
The graph that displays the price for Dodge Diplomat cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 29 % more affordable than the average price ($58,985). Next with a price of $57,074 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 57% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $66,492.