Ford Mustang Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Ford Mustang cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is ₱ 2,515,100. During August the price went trough a strong deflation till ₱ 1,928,298. The following two months (September, October) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 2,155,064.5 to ₱ 2,188,657 during November and December.
The average price for Ford Mustang has had a strong rise in recent years. Between "before 2000" and 2014, the average price is ₱ 1,410,583.38. There was a significant inflation of the average price in "before 2000" (₱ 667,000) moving up till (₱ 2,054,000)in 2014. During the next two years (2015, 2017) the price for the aforementioned model has gone up strongly a 91 %. During the last two years, prices in the car industry have gone up 8 % 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 (₱ 2,942,658.5) and the the last two years that were studied (2018, 2019) with a price of ₱ 3,192,388.5.
The graph that displays the price for Ford Mustang 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 74 % more affordable than the average price (₱ 2,153,386). Next with a price of ₱ 1,443,000 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 17% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₱ 2,065,667.
The graph showing the average price for the fuel type for Ford Mustang cars points out to "Diesel" as being the cheapest fuel type. It is 88 % less expensive than the average market price (₱ 2,153,386) followed by "Gasoline" priced at ₱ 2,557,104. On average the most expensive type of fuel is "Gasoline". It´s price is 19 % higher than the average market price followed by "Diesel" which costs ₱ 260,000.