Price for Mini One
Mini One Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mini One cars have gone through a strong rise during the last 6 months. During the first month analyzed in November the average price was £6,167. December went through a strong inflation with a rise in the price till £8,283. During the following two months (January, February) the average selling price rose somewhat going from £7,225 to £7,863. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (£8,200.5) during March and April.
The average price for Mini One has had a strong rise in recent years. Between 2010 and 2016, the average price is £6,887.29. There was a significant inflation of the average price in 2010 (£3,098) moving up till (£11,890)in 2016. During the next two years (2017, 2019) the price for the aforementioned model has gone up strongly a 58 %. 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 (£12,640.25) and the the last two years that were studied (2020, 2021) with a price of £14,429.5.
The graph that displays the price for Mini One 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 68 % more affordable than the average price (£9,051). Next with a price of £6,705 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 62% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of £11,340.
The graph showing the average price for the fuel type for Mini One cars points out to "Diesel" as being the cheapest fuel type. It is 22 % less expensive than the average market price (£9,051) followed by "Petrol" priced at £9,639. On average the most expensive type of fuel is "Petrol". It´s price is 6 % higher than the average market price followed by "Diesel" which costs £7,046.
The graph showing the average price for Mini One cars displays those with 2 doors as the cheapest ones. They are 59 % more affordable than the average price (£9,051). These are followed by those with 3 doors with an average price of £7,609. Cars with the the highest price have 5 doors and are 36 % more expensive than the average mentioned before.
