Price for GMC
GMC 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 GMC cars have gone through a strong rise during the last 6 months. In March the price for a car is $135,231 increasing till $147,907 in April. During the following two months (May, June) the average selling price rose somewhat going from $141,569 to $154,528. The average price has had spectacular rise of 22 % with an average price of $148,048.5 during the previous 4 months and $180,215 during the most recent months in July and August.
The average price for GMC has had a strong rise in recent years. Between "before 2000" and 2019, the average price is $36,181.14. There was a significant inflation of the average price in "before 2000" ($37,160) moving up till ($73,807)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 115 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 ($97,261.25) and the the last two years that have been analyzed (2022, 2023) with a price of $116,754.
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 ($189,274). Next with a price of $59,181 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 20% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $92,681.
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 84 % less expensive than the average market price ($189,274) followed by "Diesel" priced at $94,125. On average the cheapest type of fuel is "Gasoline". It´s price is 50 % more affordable than the average market value followed by "Gas" with a price of $94,349.
The graph showing the average price for GMC cars displays those with 3 doors as the cheapest ones. They are 83 % more affordable than the average price ($189,274). These are followed by those with 2 doors with an average price of $34,672. Cars with the lowest average price have 4 !doors and are 49 % cheaper than the average followed by those with 5 doors with a selling price of $63,354.
