Ford B-Max 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 B-Max cars has had a strong depreciation during the last 6 months we have studied. The average price for March is £10,047. During April there was a slight reduction in the selling prices dropping till £9,106. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from £8,416.5 to £7,819.5 during July and August.
The average price for Ford B-Max has had a strong rise in recent years. Between 2012 and 2014, the average price is £4,730.67. There was a significant inflation of the average price in 2012 (£4,070) moving up till (£5,401)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 44 %. During the last two years, prices in the car industry have gone up 14 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (£7,927) and the the last two years that were studied (2017, 2018) with a price of £9,027.
The graph that displays the price for Ford B-Max 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 (£7,993). Next with a price of £5,459 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 18% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £8,936.
The graph showing the average price for the fuel type for Ford B-Max cars points out to "Diesel" as being the cheapest fuel type. It is 39 % less expensive than the average market price (£7,993) followed by "Petrol" priced at £7,987. On average the cheapest type of fuel is "Petrol". It´s price is 0 % more affordable than the average market value followed by "Diesel" with a price of £4,887.