Buying a car is the second most expensive purchase decision that consumers make often. According to the National Auto mobile Dealers Association, the average price of a new car sold in the United States is about $30,000. With the growing number of brands and options, the consumer can quickly get lost in a maze of choices. Wouldn't it make life easier for customers if we could come up with all the important factors a customer must look for while buying a car ? We as Future Data Analysts,who love cars, have tried to study the important parameters and tried to find key parameters which would help you decide to buy a good car.
Key Parameters include: Horse Power, Engine Size, Weight, Length, Width, Wheelbase, No. of Cylinders, City MPG, Dealer Cost etc.
1) One Important feature we look for in a car is: Average City Mileage
We grouped these by engine size (in litres):
The dashboard uses engine size with 2 categories: 1.4-2.4 litres and 2.4-3.4 litres to compare the city MPG of popular car brands.
In the first category : Engine size :1.4-2.4 litres- Honda and Toyota have the best city mileage. In the second category the city MPG does not vary much among brands. So now you know which cars to choose.
2) Another Parameter we looked at was Average Dealer Cost of Cars vs Horsepower and Length.
The dashboard uses 4 categories of Horsepower as shown and the length of cars listed in bins on the x-axis to compare the average dealer price.
We found that Horsepower is the dominant factor in car pricing.
Thats all for now, We will keep you posted with more interesting findings on this dataset.
