Ford Fiesta Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Ford Fiesta cars have increased during the last 6 months. During the first month analyzed in December the average price was ₱ 479,575. January went through a strong inflation with a rise in the price till ₱ 567,925. During the following two months (February, March) the average selling price rose somewhat going from ₱ 523,750 to ₱ 579,569. In the last two months, the price has gone through a strong devaluation of -19 % compared to the 4 previous average values going down from ₱ 551,659.5 to ₱ 448,093.5.
The average price for Ford Fiesta has had a strong rise in recent years. Between 2010 and 2014, the average price is ₱ 287,058.41. There was a significant inflation of the average price in 2010 (₱ 162,500) moving up till (₱ 353,550)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 31 %. During the last two years, prices in the car industry have gone through a strong rise of 23 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₱ 484,951.25) and the the last two years that have been analyzed (2017, 2019) with a price of ₱ 595,133.5.
The graph that displays the price for Ford Fiesta cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 39 % more affordable than the average price (₱ 462,074). Next with a price of ₱ 286,250 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 9% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 403,244.
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 54 % less expensive than the average market price (₱ 462,074) followed by "Gasoline" priced at ₱ 404,111. On average the cheapest type of fuel is "Gasoline". It´s price is 13 % more affordable than the average market value followed by "Diesel" with a price of ₱ 212,063.