Ford Van 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 Van cars has had a strong depreciation during the last 6 months we have studied. In September the average price per vehicle is $33,847. During October the price went trough a strong deflation till $24,563. The following two months the selling price went through a strong reduction of -27 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $25,245.25 to $25,027 during January and February.
The average price for Ford Van has had a strong rise in recent years. Between 2004 and 2012, the average price is $13,196.33. There was a significant inflation of the average price in 2004 ($5,493) moving up till ($20,667)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 129 %. During the last two years, prices in the car industry have gone up 14 % 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 ($35,347.25) and the the last two years that were studied (2018, 2019) with a price of $40,421.
The graph that displays the price for Ford Van 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 52 % more affordable than the average price ($25,855). Next with a price of $17,667 and a mileage range of "50,000 - 100,000" 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 "50,000 - 100,000" priced at $17,667.