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 for August is $11,666. During September there was a slight reduction in the selling prices dropping till $9,971. The following two months (October, November) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from $10,340.25 to $9,518.5 during December and January.
The average price for Chevrolet Cobalt has had a strong rise in recent years. Between 2005 and 2006, the average price is $3,950.5. There was a significant inflation of the average price in 2005 ($3,271) moving up till ($4,630)in 2006. During the next two years (2007, 2008) the price for the aforementioned model has gone up strongly a 34 %. 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 ($5,984) and the the last two years that were studied (2009, 2010) with a price of $6,683.5.
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 67 % more affordable than the average price ($9,172). Next with a price of $6,181 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 3% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $8,444.
The graph showing the average price for the fuel type for Chevrolet Cobalt cars points out to "Gasoline" as being the cheapest fuel type. It is 36 % less expensive than the average market price ($9,172) followed by "Gas" priced at $6,416. On average the cheapest type of fuel is "Gas". It´s price is 30 % more affordable than the average market value followed by "Gasoline" with a price of $5,894.
The graph displaying the average price for vehicles with doors shows that Chevrolet Cobalt automobiles with the cheapest price have 2 doors. They are 44 % cheaper than the average price for this model priced at $5,158. Cars with the lowest price have 4 doors and are 39 % cheaper than the average previously displayed.