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 May the average price per vehicle is $71,603. During June the price went trough a strong deflation till $60,408. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $60,874.5 to $62,674 during September and October.
The average price for Dodge Ram has had a strong rise in recent years. Between "before 2000" and 2014, the average price is $25,851.75. There was a significant inflation of the average price in "before 2000" ($15,390) moving up till ($30,145)in 2014. During the next two years (2015, 2016), the average price went up 11 % moving from !PRECIO1! to $28,594, During the last two years, prices in the car industry have gone up 7 % 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 ($30,889) and the the last two years that were studied (2017, 2018) with a price of $33,184.
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 65 % more affordable than the average price ($66,099). Next with a price of $25,028 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 18% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $36,515.
The graph showing the average price for the fuel type for Dodge Ram cars points out to "Gas" as being the cheapest fuel type. It is 80 % less expensive than the average market price ($66,099) followed by "Flexible" priced at $13,568. On average the cheapest type of fuel is "Diesel". It´s price is 36 % more affordable than the average market value followed by "Gasoline" with a price of $32,357.
The graph showing the average price for Dodge Ram cars displays those with 5 doors as the cheapest ones. They are 88 % more affordable than the average price ($66,099). These are followed by those with 2 doors with an average price of $20,213. Cars with the lowest price have 4 doors and are 37 % cheaper than the average previously displayed.