Ford Mustang Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Ford Mustang cars have increased during the last 6 months. In September the average price per vehicle is ₱ 2,300,363. During October the price went trough a strong deflation till ₱ 1,826,139. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 23 % from ₱ 2,063,251 to ₱ 2,529,752.5. The average price has had spectacular rise of 34 % with an average price of ₱ 2,296,501.75 during the previous 4 months and ₱ 3,070,463 during the most recent months in January and February.
The average price for Ford Mustang has had a strong rise in recent years. Between "before 2000" and 2018, the average price is ₱ 1,939,023.25. There was a significant inflation of the average price in "before 2000" (₱ 501,400) moving up till (₱ 2,776,125)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 42 %. During the last two years, prices in the car industry have gone up 5 % 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 (₱ 2,896,130.25) and the the last two years that were studied (2021, 2024) with a price of ₱ 3,044,885.5.
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 85 % more affordable than the average price (₱ 3,053,113). Next with a price of ₱ 1,798,333 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 4% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 2,548,813.