Ford Ranger 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 Ranger cars have increased during the last 6 months. In February the price for a car is ₱ 1,086,663 increasing till ₱ 1,218,613 in March. The average selling price has remained fairly constant during the following two months, going from ₱ 1,152,638 to ₱ 1,156,019. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 1,154,328.5 to ₱ 1,193,539 during June and July.
The average price for Ford Ranger has had a strong rise in recent years. Between 2001 and 2016, the average price is ₱ 443,813.41. There was a significant inflation of the average price in 2001 (₱ 202,667) moving up till (₱ 925,682)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 130 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 (₱ 1,276,166) and the the last two years that have been analyzed (2019, 2020) with a price of ₱ 1,530,059.5.
The graph that displays the price for Ford Ranger 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 58 % more affordable than the average price (₱ 1,214,911). Next with a price of ₱ 611,638 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 990,182.
The graph showing the average price for the fuel type for Ford Ranger cars points out to "Gasoline" as being the cheapest fuel type. It is 73 % less expensive than the average market price (₱ 1,214,911) followed by "Diesel" priced at ₱ 887,229. On average the cheapest type of fuel is "Diesel". It´s price is 27 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 323,722.