Ford EcoSport 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 Ford EcoSport cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was . November went through a strong inflation with a rise in the price till $31,691. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 100 % from $15,845.5 to $31,628.5. The average price has had spectacular rise of 33 % with an average price of $23,737 during the previous 4 months and $31,605.5 during the most recent months in February and March.
The average price for Ford EcoSport has become more expensive in recent years. During 2018 and 2018, the average price was $24,369. During this period, prices pretty much remained constant. During the next two years the average price($25,467.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone up 7 % 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 ($27,254) and the the last two years that were studied (2021, 2022) with a price of $29,040.5.
The graph that displays the price for Ford EcoSport 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 37 % more affordable than the average price ($31,566). Next with a price of $25,485 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 4% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $27,291.
The graph displaying the average price for vehicles with doors shows that Ford EcoSport automobiles with the cheapest price have 5 doors. They are 33 % cheaper than the average price for this model priced at $21,224. Cars with the lowest price have 4 doors and are 25 % cheaper than the average previously displayed.