Price for Ram 5500

The retail prices for Ram 5500 cars have increased during the last 6 months. The average price in November was of $85,107. This price hardly went through any changes and remained at $87,095 during December. During the following two months (January, February) the average selling price rose somewhat going from $86,101 to $92,542.5. During the last couple of months, the average price has hardly changed, remaining the same going from $89,321.75 to $93,366 during March and April.

The average price for Ram 5500 has had a strong rise in recent years. Between 2011 and 2020, the average price is $50,654.25. There was a significant inflation of the average price in 2011 ($29,660) moving up till ($54,337)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 28 %. During the last two years, prices in the car industry have gone up 15 % 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 ($76,289) and the the last two years that were studied (2023, 2024) with a price of $87,519.5.

The graph that displays the price for Ram 5500 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 60 % more affordable than the average price ($93,432). Next with a price of $44,777 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 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $69,061.