Ford Fiesta 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 Ford Fiesta cars has fallen during the last 6 months we have analyzed. In May the average price per vehicle is R 280 173. During June the price went trough a strong deflation till R 221 407. During the following two months (July, August) the average selling price rose somewhat going from R 250 790 to R 276 424,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 263 607,25 to R 275 932 during September and October.
The average price for Ford Fiesta has had a strong rise in recent years. Between "before 2000" and 2018, the average price is R 81 111,3. There was a significant inflation of the average price in "before 2000" (R 26 700) moving up till (R 155 710)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 99 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 (R 201 341) and the the last two years that have been analyzed (2021, 2022) with a price of R 241 112.
The graph that displays the price for Ford Fiesta 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 78 % more affordable than the average price (R 276 664). Next with a price of R 166 189 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most affordable cars is "10 000 - 25 000". It is 17% less expensive than the average market value followed by those cars with a mileage of "50 000 - 100 000" priced at R 220 798.
The graph showing the average price for the fuel type for Ford Fiesta cars points out to "Diesel" as being the cheapest fuel type. It is 65 % less expensive than the average market price (R 276 664) followed by "Petrol" priced at R 170 915. On average the cheapest type of fuel is "Petrol". It´s price is 38 % more affordable than the average market value followed by "Diesel" with a price of R 95 715.
The graph showing the average price for Ford Fiesta cars displays those with 4 doors as the cheapest ones. They are 66 % more affordable than the average price (R 276 664). These are followed by those with 5 doors with an average price of R 169 347. Cars with the lowest price have 3 doors and are 28 % cheaper than the average previously displayed.