GMC 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 GMC cars has fallen during the last 6 months we have analyzed. In September the price for a car is $206,201 increasing till $228,232 in October. The following two months the selling price went through a strong reduction of -17 % compared to the previous two months studied. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from $198,396.5 to $181,585.5 during January and February.
The average price for GMC has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $37,440.73. There was a significant inflation of the average price in "before 2000" ($31,849) moving up till ($81,886)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 160 %. During the last two years, prices in the car industry have gone up 8 % 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 ($105,774.5) and the the last two years that were studied (2023, 2024) with a price of $114,042.
The graph that displays the price for GMC 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 82 % more affordable than the average price ($179,572). Next with a price of $60,849 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 24% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $95,815.
The graph showing the average price for the fuel type for GMC cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 85 % less expensive than the average market price ($179,572) followed by "Gas" priced at $89,469. On average the cheapest type of fuel is "Diesel". It´s price is 42 % more affordable than the average market value followed by "Gasoline" with a price of $100,278.
The graph showing the average price for GMC cars displays those with 3 doors as the cheapest ones. They are 80 % more affordable than the average price ($179,572). These are followed by those with 2 doors with an average price of $50,427. Cars with the lowest price have 4 doors and are 38 % cheaper than the average previously displayed.