Ford Fiesta Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Ford Fiesta cars has fallen during the last 6 months we have analyzed. The average price in July was of ₱ 367,463. This price hardly went through any changes and remained at ₱ 356,050 during August. The following two months (September, October) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from ₱ 336,319 to ₱ 313,219 during November and December.
The average price for Ford Fiesta has had a strong rise in recent years. During 2011 and 2011, the average price was ₱ 192,810. During this period, prices pretty much remained constant. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 78 %. During the last two years, prices in the car industry have experienced a depreciation of -9 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₱ 315,104.25) and the the last two years analyzed (2014, 2015) with a price of ₱ 286,500.
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 14 % more affordable than the average price (₱ 302,075). Next with a price of ₱ 300,778 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 19% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 351,500.
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 37 % less expensive than the average market price (₱ 302,075) followed by "Gasoline" priced at ₱ 230,967. On average the cheapest type of fuel is "Gasoline". It´s price is 24 % more affordable than the average market value followed by "Diesel" with a price of ₱ 189,583.