Ford Mustang Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Ford Mustang cars have increased during the last 6 months. The average price in July was of RM 348,998. This price hardly went through any changes and remained at RM 357,737 during August. The average selling price has remained fairly constant during the following two months, going from RM 353,367.5 to RM 370,499.5. During the last couple of months, the average price has hardly changed, remaining the same going from RM 361,933.5 to RM 373,522.5 during November and December.
The average price for Ford Mustang has had a strong rise in recent years. Between 2013 and 2016, the average price is RM 212,623. There was a significant inflation of the average price in 2013 (RM 179,200) moving up till (RM 246,046)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 25 %. During the last two years, prices in the car industry have gone up 14 % 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 310,402.25) and the the last two years that were studied (2019, 2020) with a price of RM 354,187.
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 38 % more affordable than the average price (RM 370,464). Next with a price of RM 245,379 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at RM 279,535.