Price for Hummer
Hummer Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Hummer cars have increased during the last 6 months. In October the price for a car is $80,208 increasing till $89,755 in November. During the following two months (December, January) the average selling price rose somewhat going from $84,981.5 to $96,853.5. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from $90,917.5 to $85,470 during February and March.
The average price for Hummer has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2006, the average price was $38,221.75. Please take note of of the significant depreciation in the prices between "before 2000" ($49,168) and 2006 ($24,490). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -44 % compared to the previous period. During the last two years, prices in the car industry have experienced a depreciation of -5 % 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 ($20,422.25) and the the last two years analyzed (2009, 2010) with a price of $19,359.
The graph that displays the price for Hummer 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 84 % more affordable than the average price ($84,452). Next with a price of $27,720 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 43% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $42,611.
The graph showing the average price for the fuel type for Hummer cars points out to "Gasoline" as being the cheapest fuel type. It is 74 % less expensive than the average market price ($84,452) followed by "Gas" priced at $25,417. On average the cheapest type of fuel is "Diesel". It´s price is 50 % more affordable than the average market value followed by "Gas" with a price of $25,417.
