Ford Ikon Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Ford Ikon cars have remained constant in the last 6 months. The average price in February was of R 83 541. This price hardly went through any changes and remained at R 82 415 during March. The following two months (April, May) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (R 83 527,5) during June and July.
The average price for Ford Ikon has had a strong rise in recent years. Between 2001 and 2010, the average price is R 51 033. There was a significant inflation of the average price in 2001 (R 42 560) moving up till (R 71 000)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 42 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of R 75 904 in 2014 and R 79 533 during 2015.
The graph that displays the price for Ford Ikon 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 44 % more affordable than the average price (R 82 316). Next with a price of R 58 302 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "50 000 - 100 000". It is 1% more costly than the average market value followed by those vehicles with a mileage of "less than 10 000" and a price of R 75 443.