MG MGF 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 MG MGF cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is £24,272. During November the price went trough a strong deflation till £10,627. The following two months the selling price went through a strong reduction of -68 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -48 % compared to the 4 previous average values going down from £11,542 to £5,948.
The average price for MG MGF has had a strong rise in recent years. Between "before 2000" and 2001, the average price is £7,308. There was a significant inflation of the average price in "before 2000" (£5,245) moving up till (£9,371)in 2001.
The graph that displays the price for MG MGF cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 46 % more affordable than the average price (£6,135). Next with a price of £5,934 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 108% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of £5,934.