Dodge Magnum Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Dodge Magnum cars has fallen during the last 6 months we have analyzed. In September the price for a car is $10,188 increasing till $11,224 in October. The average selling price has remained fairly constant during the following two months, going from $10,706 to $10,833.5. In the last two months, the price has gone through a strong devaluation of -33 % compared to the 4 previous average values going down from $10,769.75 to $7,238.5.
The average price for Dodge Magnum has had a strong rise in recent years. Between "before 2000" and 2004, the average price is $5,291.33. There was a significant inflation of the average price in "before 2000" ($3,088) moving up till ($7,800)in 2004. During the next two years (2005, 2006), the average price went up 8 % moving from !PRECIO1! to $5,690.5, During the last two years, prices in the car industry have gone up 9 % 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 ($6,273.25) and the the last two years that were studied (2007, 2008) with a price of $6,856.
The graph that displays the price for Dodge Magnum 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 55 % more affordable than the average price ($7,099). Next with a price of $6,529 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 8% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $6,529.