Ford Mondeo 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 Mondeo cars has had a strong depreciation during the last 6 months we have studied. The average price for October is £26,640. During November there was a slight reduction in the selling prices dropping till £23,880. The following two months (December, January) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from £23,766 to £21,201.5 during February and March.
The average price for Ford Mondeo has had a strong rise in recent years. Between 2000 and 2018, the average price is £5,070.31. There was a significant inflation of the average price in 2000 (£5,996) moving up till (£11,382)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 211 %. During the last two years, prices in the car industry have gone up 13 % 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 (£18,070) and the the last two years that were studied (2021, 2022) with a price of £20,389.
The graph that displays the price for Ford Mondeo cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 92 % more affordable than the average price (£21,194). Next with a price of £7,523 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 13% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at £17,809.
The graph showing the average price for the fuel type for Ford Mondeo cars points out to "Petrol" as being the cheapest fuel type. It is 43 % less expensive than the average market price (£21,194) followed by "Diesel" priced at £17,018. On average the cheapest type of fuel is "Hybrid". It´s price is 19 % more affordable than the average market value followed by "Diesel" with a price of £17,018.
The graph displaying the average price for vehicles with doors shows that Ford Mondeo automobiles with the cheapest price have 4 doors. They are 32 % cheaper than the average price for this model priced at £14,337. Cars with the lowest price have 5 doors and are 6 % cheaper than the average previously displayed.