Mazda CX5 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 Mazda CX5 cars has had a strong depreciation during the last 6 months we have studied. The average price in February was of ₱ 1,703,313. This price hardly went through any changes and remained at ₱ 1,761,533 during March. The following two months the selling price went through a strong reduction of -35 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -42 % compared to the 4 previous average values going down from ₱ 1,425,230.25 to ₱ 825,407.
The average price for Mazda CX5 has had a strong rise in recent years. During 2012 and 2012, the average price was ₱ 549,000. During this period, prices pretty much remained constant. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 15 %. During the last two years, prices in the car industry have gone through a strong rise of 30 % 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 (₱ 907,133.25) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 1,180,266.5.
The graph that displays the price for Mazda CX5 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 27 % more affordable than the average price (₱ 860,292). Next with a price of ₱ 906,714 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 9% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 906,714.