Price for Ford GT
Ford GT 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 GT cars have increased during the last 6 months. During the first month analyzed in December the average price was $221,530. January went through a strong inflation with a rise in the price till $273,511. The average selling price has remained fairly constant during the following two months, going from $247,520.5 to $245,290.5. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from $246,405.5 to $229,534 during April and May.
The average price for Ford GT has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2005 to 2010, the average price was $117,592.16. Please take note of of the significant depreciation in the prices between 2005 ($259,559) and 2010 ($36,573). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -60 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -19 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample ($39,369.5) and the the last two years (2014, 2018) with a price of $31,696.
The graph that displays the price for Ford GT cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 83 % more affordable than the average price ($213,626). Next with a price of $75,595 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 7% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $157,971.
