Mini Cooper S 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 Mini Cooper S cars has fallen during the last 6 months we have analyzed. The average price in October was of $17,868. This price hardly went through any changes and remained at $17,438 during November. The following two months the selling price went through a strong reduction of -22 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $15,677.75 to $16,141.5 during February and March.
The average price for Mini Cooper S has had a strong rise in recent years. Between 2005 and 2009, the average price is $17,533.2. There was a significant inflation of the average price in 2005 ($13,597) moving up till ($23,433)in 2009. During the next two years (2010, 2011) the price for the aforementioned model has gone up strongly a 56 %. During the last two years, prices in the car industry have experienced a depreciation of -9 % 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 ($25,040.25) and the the last two years analyzed (2012, 2019) with a price of $22,777.