Mini Convertible Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mini Convertible cars have increased during the last 6 months. The average price in October was £24,199. This price hardly went through any changes and remained at £23,862 during November. During the following two months (December, January) the average selling price rose somewhat going from £24,030.5 to £27,277. During the last couple of months, the average price has hardly changed, remaining the same going from £25,653.75 to £26,789 during February and March.
The average price for Mini Convertible has had a strong rise in recent years. Between 2004 and 2020, the average price is £7,271.35. There was a significant inflation of the average price in 2004 (£2,015) moving up till (£16,751)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 193 %. 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 (£24,748) and the the last two years that were studied (2023, 2024) with a price of £28,194.
The graph that displays the price for Mini Convertible 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 89 % more affordable than the average price (£27,282). Next with a price of £9,550 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at £18,871.
The graph showing the average price for the fuel type for Mini Convertible cars points out to "Diesel" as being the cheapest fuel type. It is 77 % less expensive than the average market price (£27,282) followed by "Petrol" priced at £26,321. On average the cheapest type of fuel is "Petrol". It´s price is 4 % more affordable than the average market value followed by "Diesel" with a price of £6,216.
The graph displaying the average price for vehicles with doors shows that Mini Convertible automobiles with the cheapest price have 3 doors. They are 25 % cheaper than the average price for this model priced at £20,400. Cars with the lowest price have 2 doors and are 22 % cheaper than the average previously displayed.