Ford 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 Ford cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 2,717,188. November went through a strong inflation with a rise in the price till ₱ 4,048,963. During the following two months (December, January) the average selling price rose somewhat going from ₱ 3,383,075.5 to ₱ 3,643,574.5. The average price has had spectacular rise of 27 % with an average price of ₱ 3,513,325 during the previous 4 months and ₱ 4,453,971 during the most recent months in February and March.
The average price for Ford has had a strong rise in recent years. Between "before 2000" and 2020, the average price is ₱ 870,776.94. There was a significant inflation of the average price in "before 2000" (₱ 289,568) moving up till (₱ 1,752,713)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 48 %. During the last two years, prices in the car industry have gone through a strong rise of 41 % 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 (₱ 2,189,570.75) and the the last two years that have been analyzed (2023, 2024) with a price of ₱ 3,093,555.5.
The graph that displays the price for Ford 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 93 % more affordable than the average price (₱ 6,360,417). Next with a price of ₱ 785,100 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 16% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 2,833,450.
The graph showing the average price for the fuel type for Ford cars points out to "Gas" as being the cheapest fuel type. It is 92 % less expensive than the average market price (₱ 6,360,417) followed by "Diesel" priced at ₱ 735,213. On average the cheapest type of fuel is "Gasoline". It´s price is 88 % more affordable than the average market value followed by "Diesel" with a price of ₱ 735,213.
The graph showing the average price for Ford cars displays those with 3 doors as the cheapest ones. They are 97 % more affordable than the average price (₱ 6,360,417). These are followed by those with 4 doors with an average price of ₱ 185,440. Cars with the lowest average price have 2 !doors and are 87 % cheaper than the average followed by those with 5 doors with a selling price of ₱ 234,638.