Price for Mazda Protege
Mazda Protege 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 Mazda Protege cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $4,855. During November there was a slight reduction in the selling prices dropping till $4,408. The following two months (December, January) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -19 % compared to the 4 previous average values going down from $4,485.25 to $3,619.
The average price for Mazda Protege has had a strong rise in recent years. During "before 2000" and "before 2000", the average price was $2,039. During this period, prices pretty much remained constant. During the next two years (2000, 2001) the price for the aforementioned model has gone up strongly a 44 %. During the last two years, prices in the car industry have gone up 13 % 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 ($3,370.5) and the the last two years that were studied (2002, 2003) with a price of $3,814.5.
