Dodge Ram 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 Ram cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is $70,370. During July the price went trough a strong deflation till $59,063. The following two months (August, September) the selling price went through a devaluation of -15 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from $59,999.25 to $51,299.5 during October and November.
The average price for Dodge Ram has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $24,407.94. There was a significant inflation of the average price in "before 2000" ($16,028) moving up till ($31,000)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 40 %. During the last two years, prices in the car industry have gone up 6 % 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 ($36,529.5) and the the last two years that were studied (2018, 2019) with a price of $38,883.5.
The graph that displays the price for Dodge Ram 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 58 % more affordable than the average price ($51,269). Next with a price of $25,614 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 11% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $34,317.
The graph showing the average price for the fuel type for Dodge Ram cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 81 % less expensive than the average market price ($51,269) followed by "Flexible" priced at $12,522. On average the cheapest type of fuel is "Diesel". It´s price is 35 % more affordable than the average market value followed by "Gasoline" with a price of $22,036.
The graph displaying the average price for vehicles with doors shows that Dodge Ram automobiles with the cheapest price have 2 doors. They are 70 % cheaper than the average price for this model priced at $15,307. Cars with the lowest price have 4 doors and are 38 % cheaper than the average previously displayed.