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 April the average price per vehicle is $81,816. During May the price went trough a strong deflation till $48,069. The following two months the selling price went through a strong reduction of -29 % compared to the previous two months studied. The average price has risen 12 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($62,395) during August and September.
The average price for Ford Mustang has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was $14,995. During this period, prices pretty much remained constant. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 314 %. 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 ($89,128) and the the last two years that have been analyzed (2018, 2020) with a price of $116,148.5.
The graph that displays the price for Ford Mustang 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 63 % more affordable than the average price ($67,316). Next with a price of $47,363 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 70% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $57,158.