Price for Dodge Neon
Dodge Neon 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 Neon cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $4,180. During November the price went trough a strong deflation till $3,401. The average selling price has remained fairly constant during the following two months, going from $3,790.5 to $3,750.5. In the last two months, the price has gone through a strong devaluation of -26 % compared to the 4 previous average values going down from $3,770.5 to $2,796.
The average price for Dodge Neon has had a strong rise in recent years. Between "before 2000" and 2001, the average price is $1,786.67. There was a significant inflation of the average price in "before 2000" ($1,194) moving up till ($1,683)in 2001. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 56 %. During the last two years, prices in the car industry have gone through a strong rise of 34 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($4,194.75) and the the last two years that have been analyzed (2004, 2005) with a price of $5,602.5.
The graph that displays the price for Dodge Neon cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 21 % more affordable than the average price ($3,128). Next with a price of $5,075 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 71% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of $5,075.
