Price for Dodge Nitro
Dodge Nitro 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 Nitro cars have gone through a strong rise during the last 6 months. During the first month analyzed in February the average price was $10,550. March went through a strong inflation with a rise in the price till $16,707. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 15 % from $13,628.5 to $15,718.5. In the last two months, the price has gone through a strong devaluation of -17 % compared to the 4 previous average values going down from $14,673.5 to $12,209.
The average price for Dodge Nitro has become more expensive in recent years. During 2007 and 2007, the average price was $7,605. During this period, prices pretty much remained constant. During the next two years the average price($7,789) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone up 10 % 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 ($8,609.75) and the the last two years that were studied (2010, 2011) with a price of $9,430.5.
The graph that displays the price for Dodge Nitro 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 54 % more affordable than the average price ($12,246). Next with a price of $8,793 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 "50,000 - 100,000" priced at $9,733.
