Chevrolet Cobalt 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 Cobalt cars has had a strong depreciation during the last 6 months we have studied. The average price in May was of $21,210. This price hardly went through any changes and remained at $21,390 during June. The following two months the selling price went through a strong reduction of -35 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -43 % compared to the 4 previous average values going down from $17,581.5 to $9,975.
The average price for Chevrolet Cobalt has had a strong rise in recent years. Between 2005 and 2006, the average price is $4,632. There was a significant inflation of the average price in 2005 ($3,671) moving up till ($5,593)in 2006. During the next two years (2007, 2008) the price for the aforementioned model has gone up strongly a 32 %. During the last two years, prices in the car industry have gone up 10 % 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 ($6,771.25) and the the last two years that were studied (2009, 2010) with a price of $7,424.5.
The graph that displays the price for Chevrolet Cobalt 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 75 % more affordable than the average price ($9,979). Next with a price of $6,973 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 15% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $8,149.
The graph showing the average price for the fuel type for Chevrolet Cobalt cars points out to "Gas" as being the cheapest fuel type. It is 51 % less expensive than the average market price ($9,979) followed by "Gasoline" priced at $5,719. On average the cheapest type of fuel is "Gasoline". It´s price is 43 % more affordable than the average market value followed by "Gas" with a price of $4,934.
The graph displaying the average price for vehicles with doors shows that Chevrolet Cobalt automobiles with the cheapest price have 2 doors. They are 52 % cheaper than the average price for this model priced at $4,807. Cars with the lowest price have 4 doors and are 44 % cheaper than the average previously displayed.