Ferrari 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 Ferrari cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was . November went through a strong inflation with a rise in the price till ₱ 17,875,000. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 33 % from ₱ 8,937,500 to ₱ 11,903,412. The average price has had spectacular rise of 36 % with an average price of ₱ 10,420,456 during the previous 4 months and ₱ 14,158,928 during the most recent months in February and March.
The average price for Ferrari has had a strong rise in recent years. Between 2011 and 2013, the average price is ₱ 14,585,000. There was a significant inflation of the average price in 2011 (₱ 8,035,000) moving up till (₱ 18,500,000)in 2013.
The graph that displays the price for Ferrari cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 3 % more affordable than the average price (₱ 14,765,357). Next with a price of ₱ 15,537,500 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 5% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 14,275,250.