Ford Fiesta 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 Fiesta cars has had a strong depreciation during the last 6 months we have studied. In May the average price per vehicle is ₱ 554,124. During June the price went trough a strong deflation till ₱ 468,642. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -30 % compared to the 4 previous average values going down from ₱ 471,116.25 to ₱ 327,875.5.
The average price for Ford Fiesta has had a strong rise in recent years. Between 2011 and 2012, the average price is ₱ 262,720. There was a significant inflation of the average price in 2011 (₱ 212,140) moving up till (₱ 313,300)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 26 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 332,092.75 in 2015 and ₱ 334,466.5 during 2016.
The graph that displays the price for Ford Fiesta 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 26 % more affordable than the average price (₱ 289,463). Next with a price of ₱ 226,667 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 47% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 330,438.
The graph showing the average price for the fuel type for Ford Fiesta cars points out to "Diesel" as being the cheapest fuel type. It is 35 % less expensive than the average market price (₱ 289,463) followed by "Gasoline" priced at ₱ 269,266. On average the cheapest type of fuel is "Gasoline". It´s price is 7 % more affordable than the average market value followed by "Diesel" with a price of ₱ 188,042.