Ram 4500 Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Ram 4500 cars have gone through a strong rise during the last 6 months. The average price in February was of $45,080. This price hardly went through any changes and remained at $45,298 during March. During the following two months (April, May) the average selling price rose somewhat going from $45,189 to $51,206.5. The average price has had spectacular rise of 36 % with an average price of $48,197.75 during the previous 4 months and $65,487.5 during the most recent months in June and July.
The average price for Ram 4500 has had a strong rise in recent years. Between 2011 and 2017, the average price is $66,745.6. There was a significant inflation of the average price in 2011 ($33,960) moving up till ($65,998)in 2017. During the next two years the average price($64,706.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 34 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($97,906.5) and the the last two years that have been analyzed (2021, 2022) with a price of $131,106.5.
The graph that shows the price for Ram 4500 cars according to their mileage indicates that those vehicles within a mileage range of "less than 10,000" are the most expensive ones. They are 8 % more costly than the average market price ($66,616). Next with a price of $73,355 and a mileage range of "10,000 - 25,000" we will see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 96% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $73,355.