Ford Explorer 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 Ford Explorer cars has had a strong depreciation during the last 6 months we have studied. The average price in January was of ₱ 1,918,307. This price hardly went through any changes and remained at ₱ 1,929,407 during February. The following two months the selling price went through a strong reduction of -100 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -100 % compared to the 4 previous average values going down from ₱ 961,928.5 to .