Studebaker 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 Studebaker cars has had a strong depreciation during the last 6 months we have studied. The average price for May is $42,597. During June there was a slight reduction in the selling prices dropping till $40,245. The following two months the selling price went through a strong reduction of -17 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -19 % compared to the 4 previous average values going down from $37,846 to $30,474.5.
The graph that displays the price for Studebaker cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 62 % more affordable than the average price ($29,034). Next with a price of $15,604 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 21% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $22,298.