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 September was of ₱ 617,450. This price hardly went through any changes and remained at ₱ 614,425 during October. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 560,593.75 to ₱ 571,819 during January and February.
The average price for Ford Fiesta has had a strong rise in recent years. Between 2011 and 2014, the average price is ₱ 334,749. There was a significant inflation of the average price in 2011 (₱ 233,238) moving up till (₱ 368,900)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 20 %. During the last two years, prices in the car industry have gone through a strong rise of 21 % 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 (₱ 505,240) and the the last two years that have been analyzed (2017, 2018) with a price of ₱ 609,200.
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 47 % more affordable than the average price (₱ 575,713). Next with a price of ₱ 357,567 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 401,706.
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 65 % less expensive than the average market price (₱ 575,713) followed by "Gas" priced at ₱ 457,250. On average the cheapest type of fuel is "Gasoline". It´s price is 15 % more affordable than the average market value followed by "Gas" with a price of ₱ 457,250.