Dodge Avenger 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 Dodge Avenger cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of $17,194. This price hardly went through any changes and remained at $17,388 during December. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -20 % compared to the 4 previous average values going down from $15,674.25 to $12,598.5.
The average price for Dodge Avenger has had a strong rise in recent years. Between "before 2000" and 2010, the average price is $7,593. There was a significant inflation of the average price in "before 2000" ($2,073) moving up till ($10,772)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 45 %. During the last two years, prices in the car industry have experienced a depreciation of -12 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($9,880) and the the last two years analyzed (2013, 2014) with a price of $8,717.5.
The graph that displays the price for Dodge Avenger 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 57 % more affordable than the average price ($13,266). Next with a price of $8,098 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $8,660.