Mini Hatch Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Mini Hatch cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $35,929. During November there was a slight reduction in the selling prices dropping till $31,862. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from $30,553.75 to $26,989 during February and March.
The average price for Mini Hatch has had a strong rise in recent years. Between 2005 and 2019, the average price is $21,748.75. There was a significant inflation of the average price in 2005 ($8,980) moving up till ($37,565)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 66 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 ($44,480.25) and the the last two years that have been analyzed (2022, 2023) with a price of $52,923.5.
The graph that displays the price for Mini Hatch 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 66 % more affordable than the average price ($27,735). Next with a price of $13,171 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 92% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $37,297.
The graph showing the average price for the fuel type for Mini Hatch cars points out to "Diesel" as being the cheapest fuel type. It is 47 % less expensive than the average market price ($27,735) followed by "Petrol" priced at $17,921. On average the most expensive type of fuel is "Gasoline". It´s price is 22 % higher than the average market price followed by "Petrol" which costs $17,921.
The graph showing the average price for Mini Hatch cars displays those with 2 doors as the cheapest ones. They are 48 % more affordable than the average price ($27,735). These are followed by those with 3 doors with an average price of $32,125. Cars with the the highest price have 5 doors and are 43 % more expensive than the average mentioned before.