Ford Mustang 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 Mustang cars has fallen during the last 6 months we have analyzed. The average price for April is RM 378,644. During May there was a slight reduction in the selling prices dropping till RM 350,364. The following two months (June, July) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from RM 348,783 to RM 299,974 during August and September.
The average price for Ford Mustang has had a strong rise in recent years. Between 2016 y 2017, the average price is RM 200,490.5. There was a price inflation going from (RM 187,574) to (RM 213,407). During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 27 %. During the last two years, prices in the car industry have gone up 10 % 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 (RM 282,034.25) and the the last two years that were studied (2020, 2021) with a price of RM 309,463.5.
The graph that displays the price for Ford Mustang cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 25 % more affordable than the average price (RM 282,641). Next with a price of RM 240,640 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 7% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of RM 284,783.