Mazda MX-5 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 Mazda MX-5 cars has had a strong depreciation during the last 6 months we have studied. The average price in January was of $14,829. This price hardly went through any changes and remained at $14,322 during February. The following two months (March, April) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -28 % compared to the 4 previous average values going down from $13,666.25 to $9,824.5.
The average price for Mazda MX-5 has had a strong rise in recent years. Between "before 2000" and 2007, the average price is $7,903. There was a significant inflation of the average price in "before 2000" ($7,720) moving up till ($9,497)in 2007. During the next two years (2008, 2012) the price for the aforementioned model has gone up strongly a 101 %. 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 ($18,437.25) and the the last two years that were studied (2014, 2016) with a price of $20,993.5.
The graph that displays the price for Mazda MX-5 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 31 % more affordable than the average price ($10,075). Next with a price of $10,499 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 4% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $6,944.