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 for November is ₱ 370,037. During December there was a slight reduction in the selling prices dropping till ₱ 329,700. The following two months the selling price went through a strong reduction of -17 % compared to the previous two months studied. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 340,768.5) during March and April.
The average price for Ford Fiesta has had a strong rise in recent years. Between 2011 and 2012, the average price is ₱ 256,452.5. There was a significant inflation of the average price in 2011 (₱ 222,476) moving up till (₱ 290,429)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 110 %. During the last two years, the car industry has had a strong deflation in its selling prices of -18 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 456,550.5) and the the last two years (2016, 2017) with a price of ₱ 375,666.5.
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 13 % more affordable than the average price (₱ 339,499). Next with a price of ₱ 333,956 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 10% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 333,956.
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 40 % less expensive than the average market price (₱ 339,499) followed by "Gasoline" priced at ₱ 389,538. On average the most expensive type of fuel is "Gasoline". It´s price is 15 % higher than the average market price followed by "Diesel" which costs ₱ 202,222.