Dodge Neon 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 Neon cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is $4,596. During December the price went trough a strong deflation till $3,653. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. In the last two, the price has gone through a -13 % devaluation compared to the previous average values going down from $3,722.5 to $3,255 during March and April.
The average price for Dodge Neon has had a strong rise in recent years. During 2001 and 2001, the average price was $2,413. During this period, prices pretty much remained constant. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 20 %. During the last two years, prices in the car industry have gone up 13 % 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 ($3,323.5) and the the last two years that were studied (2004, 2005) with a price of $3,759.
The graph that displays the price for Dodge Neon cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 9 % more affordable than the average price ($3,406). Next with a price of $3,128 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 52% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $3,128.