Ford F-550 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 F-550 cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is $78,608. During July the price went trough a strong deflation till $65,757. The following two months (August, September) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from $68,335.75 to $66,762.5 during October and November.
The average price for Ford F-550 has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $25,810.12. There was a significant inflation of the average price in "before 2000" ($16,838) moving up till ($40,018)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 81 %. During the last two years, prices in the car industry have gone up 12 % 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 ($52,910.75) and the the last two years that were studied (2018, 2019) with a price of $59,024.5.
The graph that displays the price for Ford F-550 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 73 % more affordable than the average price ($68,283). Next with a price of $26,427 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 2% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at $40,358.
The graph showing the average price for the fuel type for Ford F-550 cars points out to "Diesel" as being the cheapest fuel type. It is 41 % less expensive than the average market price ($68,283) followed by "Gasoline" priced at $43,414. On average the cheapest type of fuel is "Gas". It´s price is 29 % more affordable than the average market value followed by "Gasoline" with a price of $43,414.