Dodge 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 Dodge cars has had a strong depreciation during the last 6 months we have studied. The average price in April was of ₱ 2,566,137. This price hardly went through any changes and remained at ₱ 2,635,987 during May. The following two months the selling price went through a strong reduction of -50 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -59 % compared to the 4 previous average values going down from ₱ 1,952,894.5 to ₱ 792,058.
The average price for Dodge has had a strong rise in recent years. During the first sample analyzed, going from 2005 to 2006, the average price was ₱ 254,565. Please take note of of the significant depreciation in the prices between 2005 (₱ 358,130) and 2006 (₱ 151,000). During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 117 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 539,146 in 2012 and ₱ 524,958.5 during 2013.
The graph that displays the price for Dodge 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 27 % more affordable than the average price (₱ 656,491). Next with a price of ₱ 484,835 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 849% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 892,333.
The graph showing the average price for the fuel type for Dodge cars points out to "Diesel" as being the cheapest fuel type. It is 56 % less expensive than the average market price (₱ 656,491) followed by "Gasoline" priced at ₱ 414,845. On average the cheapest type of fuel is "Gasoline". It´s price is 37 % more affordable than the average market value followed by "Diesel" with a price of ₱ 287,250.