Chevrolet 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 cars has had a strong depreciation during the last 6 months we have studied. The average price for September is $322,910. During October there was a slight reduction in the selling prices dropping till $284,023. The following two months (November, December) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from $286,433.25 to $234,115.5.
The average price for Chevrolet has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $38,280.95. There was a significant inflation of the average price in "before 2000" ($36,603) moving up till ($69,747)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 92 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($87,094.5) and the the last two years that have been analyzed (2019, 2020) with a price of $100,645.5.
The graph that displays the price for Chevrolet 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 88 % more affordable than the average price ($238,353). Next with a price of $51,871 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 8% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $104,583.
The graph showing the average price for the fuel type for Chevrolet cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 82 % less expensive than the average market price ($238,353) followed by "Flexible" priced at $46,381. 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 $48,855.
The graph showing the average price for Chevrolet cars displays those with 5 doors as the cheapest ones. They are 94 % more affordable than the average price ($238,353). These are followed by those with 3 doors with an average price of $38,636. Cars with the lowest average price have 2 !doors and are 65 % cheaper than the average followed by those with 4 doors with a selling price of $79,341.