Buick Park Avenue 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 Buick Park Avenue cars has had a strong depreciation during the last 6 months we have studied. The average price in May was of $9,224. This price hardly went through any changes and remained at $9,336 during June. The following two months the selling price went through a strong reduction of -44 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -34 % compared to the 4 previous average values going down from $7,250 to $4,762.
The average price for Buick Park Avenue has had a strong rise in recent years. Between "before 2000" and 2001, the average price is $3,005. There was a significant inflation of the average price in "before 2000" ($2,500) moving up till ($3,420)in 2001. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 33 %. During the last two years, prices in the car industry have gone up 12 % 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 ($4,560.25) and the the last two years that were studied (2004, 2005) with a price of $5,129.5.
The graph that displays the price for Buick Park Avenue 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 38 % more affordable than the average price ($4,823). Next with a price of $3,059 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 3% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $3,483.