Ford Escort 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 Ford Escort cars has had a strong depreciation during the last 6 months we have studied. The average price for July is $2,693. During August there was a slight reduction in the selling prices dropping till $2,290. The following two months (September, October) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from $2,390 to $2,223.5 during November and December.
The average price for Ford Escort has remained constant in recent years. During the first sample analyzed ("before 2000" - 2003), the average selling price stood at $2,141.25. During this time, the price for "before 2000" which was $2,203 decreased to $1,998 during 2003.
The graph that displays the price for Ford Escort cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 8 % more affordable than the average price ($2,245). Next with a price of $2,255 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 6% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $2,282.