LDV 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 LDV cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in October the average price was $23,975. November went through a strong inflation with a rise in the price till $28,000. The following two months the selling price went through a strong reduction of -46 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -50 % compared to the 4 previous average values going down from $19,993.75 to $9,901.
The average price for LDV has had a strong rise in recent years. Between 2019 and 2023, the average price is $24,465.75. There was a significant inflation of the average price in 2019 ($18,844) moving up till ($31,100)in 2023.
The graph that displays the price for LDV 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 21 % more affordable than the average price ($19,802). Next with a price of $17,697 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 36% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $23,674.
The graph showing the average price for the fuel type for LDV cars points out to "Diesel" as being the cheapest fuel type. It is 15 % less expensive than the average market price ($19,802) followed by "Gasoline" priced at $22,824. On average the most expensive type of fuel is "Electric". It´s price is 26 % higher than the average market price followed by "Gasoline" which costs $22,824.