Ford Expedition 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 Expedition cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 344,273. November went through a strong inflation with a rise in the price till ₱ 1,282,588. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 56 % from ₱ 813,430.5 to ₱ 1,272,994. The average price has had spectacular rise of 39 % with an average price of ₱ 1,043,212.25 during the previous 4 months and ₱ 1,450,671 during the most recent months in February and March.
The average price for Ford Expedition has had a strong rise in recent years. Between "before 2000" and 2014, the average price is ₱ 656,400.06. There was a significant inflation of the average price in "before 2000" (₱ 249,938) moving up till (₱ 1,343,333)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 221 %. During the last two years, prices in the car industry have gone up 13 % 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 (₱ 2,411,268.5) and the the last two years that were studied (2017, 2019) with a price of ₱ 2,718,222.5.
The graph that displays the price for Ford Expedition 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 86 % more affordable than the average price (₱ 2,437,749). Next with a price of ₱ 639,300 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 1,258,899.
The graph showing the average price for the fuel type for Ford Expedition cars points out to "Diesel" as being the cheapest fuel type. It is 91 % less expensive than the average market price (₱ 2,437,749) followed by "Gasoline" priced at ₱ 246,033. On average the cheapest type of fuel is "Gasoline". It´s price is 90 % more affordable than the average market value followed by "Diesel" with a price of ₱ 231,200.