Mazda Mx 5 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 Mazda Mx 5 cars has had a strong depreciation during the last 6 months we have studied. The average price for March is £24,094. During April there was a slight reduction in the selling prices dropping till £21,821. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from £20,693.5 to £20,988.5 during July and August.
The average price for Mazda Mx 5 has had a strong rise in recent years. Between "before 2000" and 2020, the average price is £9,467.41. There was a significant inflation of the average price in "before 2000" (£8,823) moving up till (£20,777)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 112 %. 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 (£22,940) and the the last two years that were studied (2023, 2024) with a price of £25,827.
The graph that displays the price for Mazda Mx 5 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 86 % more affordable than the average price (£21,446). Next with a price of £7,623 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 8% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £16,912.