Price for Ford Explorer
Ford Explorer Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Ford Explorer cars have gone through a strong rise during the last 6 months. The average price in October was of AED 26,415. This price hardly went through any changes and remained at AED 25,749 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 41 % from AED 26,082 to AED 36,857. The average price has had spectacular rise of 29 % with an average price of AED 31,469.5 during the previous 4 months and AED 40,682 during the most recent months in February and March.
The average price for Ford Explorer has had a strong rise in recent years. Between 2008 and 2017, the average price is AED 34,195.22. There was a significant inflation of the average price in 2008 (AED 13,667) moving up till (AED 67,777)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 140 %. During the last two years, prices in the car industry have experienced a depreciation of -11 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (AED 74,317) and the the last two years analyzed (2020, 2022) with a price of AED 66,486.
The graph that displays the price for Ford Explorer 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 50 % more affordable than the average price (AED 39,325). Next with a price of AED 28,619 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 67% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of AED 52,443.
The graph showing the average price for Ford Explorer cars displays those with 2 doors as the cheapest ones. They are 86 % more affordable than the average price (AED 39,325). These are followed by those with 4 doors with an average price of AED 24,150. Cars with the lowest price have 5 doors and are 10 % cheaper than the average previously displayed.
