Ford Explorer Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Ford Explorer cars have increased during the last 6 months. In December the price for a car is $58,106 increasing till $63,431 in January. The average selling price has remained fairly constant during the following two months, going from $60,768.5 to $60,844. During the last couple of months, the average price has hardly changed, remaining the same going from $60,806.25 to $63,147 during April and May.
The average price for Ford Explorer has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $23,823.47. There was a significant inflation of the average price in "before 2000" ($6,742) moving up till ($33,380)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 89 %. 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 ($50,384.25) and the the last two years that were studied (2018, 2019) with a price of $55,635.5.
The graph that displays the price for Ford Explorer 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 90 % more affordable than the average price ($62,156). Next with a price of $21,189 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $43,385.
The graph showing the average price for the fuel type for Ford Explorer cars points out to "Diesel" as being the cheapest fuel type. It is 95 % less expensive than the average market price ($62,156) followed by "Flexible" priced at $15,852. On average the cheapest type of fuel is "Gasoline". It´s price is 16 % more affordable than the average market value followed by "Gas" with a price of $32,974.
The graph showing the average price for Ford Explorer cars displays those with 2 doors as the cheapest ones. They are 94 % more affordable than the average price ($62,156). These are followed by those with 5 doors with an average price of $6,994. Cars with the lowest price have 4 doors and are 3 % cheaper than the average previously displayed.