Cadillac 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 Cadillac cars have gone through a strong rise during the last 6 months. In July the price for a car is $108,109 increasing till $119,646 in August. During the following two months (September, October) the average selling price rose somewhat going from $113,877.5 to $125,105. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($128,592.5) during November and December.
The average price for Cadillac has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $22,442.45. There was a significant inflation of the average price in "before 2000" ($15,423) moving up till ($57,547)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 220 %. During the last two years, prices in the car industry have gone up 14 % 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 ($83,031.25) and the the last two years that were studied (2019, 2020) with a price of $94,303.5.
The graph that displays the price for Cadillac 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 ($132,368). Next with a price of $37,219 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 10% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $78,264.
The graph showing the average price for the fuel type for Cadillac cars points out to "Hybrid" as being the cheapest fuel type. It is 82 % less expensive than the average market price ($132,368) followed by "Flexible Fuel" priced at $31,891. On average the cheapest type of fuel is "Gasoline". It´s price is 25 % more affordable than the average market value followed by "Gas" with a price of $75,702.
The graph showing the average price for Cadillac cars displays those with 5 doors as the cheapest ones. They are 84 % more affordable than the average price ($132,368). These are followed by those with 2 doors with an average price of $29,749. Cars with the lowest price have 4 doors and are 23 % cheaper than the average previously displayed.