Chevrolet Impala 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 Chevrolet Impala cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $121,935. During November there was a slight reduction in the selling prices dropping till $104,770. The following two months (December, January) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from $108,204.5 to $99,449 during February and March.
The average price for Chevrolet Impala has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2016, the average price was $11,809.89. Please take note of of the significant depreciation in the prices between "before 2000" ($22,220) and 2016 ($18,054). During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 93 %. During the last two years, prices in the car industry have gone up 6 % 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 ($24,405.75) and the the last two years that were studied (2019, 2020) with a price of $25,966.5.
The graph that displays the price for Chevrolet Impala 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 93 % more affordable than the average price ($94,409). Next with a price of $21,463 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 15% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $55,625.
The graph showing the average price for the fuel type for Chevrolet Impala cars points out to "Diesel" as being the cheapest fuel type. It is 91 % less expensive than the average market price ($94,409) followed by "Flexible" priced at $13,079. On average the cheapest type of fuel is "Gasoline". It´s price is 45 % more affordable than the average market value followed by "Gas" with a price of $21,385.