Ford Lynx Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Ford Lynx cars have gone through a strong rise during the last 6 months. During the first month analyzed in July the average price was ₱ 166,438. August went through a strong inflation with a rise in the price till ₱ 274,675. During the following two months (September, October) the average selling price experienced a noticeable rise, going up 23 % from ₱ 220,556.5 to ₱ 271,800.5. In the last two months, the price has gone through a strong devaluation of -41 % compared to the 4 previous average values going down from ₱ 246,178.5 to ₱ 144,048.
The average price for Ford Lynx has had a strong rise in recent years. Between "before 2000" and 2001, the average price is ₱ 120,935.66. There was a significant inflation of the average price in "before 2000" (₱ 102,714) moving up till (₱ 130,000)in 2001. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 24 %. During the last two years, prices in the car industry have gone up 12 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 169,354.25) and the the last two years that were studied (2004, 2005) with a price of ₱ 188,958.5.
The graph that displays the price for Ford Lynx 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 11 % more affordable than the average price (₱ 149,573). Next with a price of ₱ 140,336 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₱ 140,336.
The graph showing the average price for the fuel type for Ford Lynx cars points out to "Diesel" as being the cheapest fuel type. It is 15 % less expensive than the average market price (₱ 149,573) followed by "Gasoline" priced at ₱ 135,402. On average the cheapest type of fuel is "Gasoline". It´s price is 9 % more affordable than the average market value followed by "Diesel" with a price of ₱ 126,857.