Hillman 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 Hillman cars has had a strong depreciation during the last 6 months we have studied. The average price in November was £15,843. This price hardly went through any changes and remained at £16,360 during December. The average selling price has remained fairly constant during the following two months, going from £16,101.5 to £15,504.5. In the last two months, the price has gone through a strong devaluation of -49 % compared to the 4 previous average values going down from £15,803 to £8,100.5.
The graph that displays the price for Hillman cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 10 % more affordable than the average price (£7,258). Next with a price of £7,622 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 5% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of £6,532.