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. In September the average price per vehicle is ₱ 448,861. During October the price went trough a strong deflation till ₱ 357,975. The average selling price has remained fairly constant during the following two months, going from ₱ 403,418 to ₱ 417,544. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 410,481 to ₱ 419,099.5 during January and February.
The average price for Ford Fiesta has had a strong rise in recent years. Between 2011 y 2012, the average price is ₱ 246,793.5. There was a price inflation going from (₱ 236,149) to (₱ 257,438). During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 29 %. During the last two years, prices in the car industry have gone through a strong rise of 22 % 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 (₱ 406,652.75) and the the last two years that have been analyzed (2015, 2018) with a price of ₱ 494,889.
The graph that displays the price for Ford Fiesta cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 38 % more affordable than the average price (₱ 354,375). Next with a price of ₱ 282,419 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 16% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 330,464.
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 42 % less expensive than the average market price (₱ 354,375) followed by "Gasoline" priced at ₱ 313,200. On average the cheapest type of fuel is "Gasoline". It´s price is 12 % more affordable than the average market value followed by "Diesel" with a price of ₱ 204,905.