Chevrolet Cruze 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 Cruze cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is $38,888. During December the price went trough a strong deflation till $29,370. During the following two months (January, February) the average selling price rose somewhat going from $34,129 to $37,164.5. In the last two months, the price has gone through a strong devaluation of -16 % compared to the 4 previous average values going down from $35,646.75 to $29,960.5.
The average price for Chevrolet Cruze has gone down in recent years. During the first sample analyzed, going from 2011 to 2015, the average price was $18,723.8. Please take note of of the significant depreciation in the prices between 2011 ($22,930) and 2015 ($15,410). During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 18 %. 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 ($24,651) and the the last two years that were studied (2018, 2019) with a price of $27,156.
The graph that displays the price for Chevrolet Cruze 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 80 % more affordable than the average price ($30,906). Next with a price of $12,257 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 7% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $20,417.
The graph showing the average price for the fuel type for Chevrolet Cruze cars points out to "Diesel" as being the cheapest fuel type. It is 71 % less expensive than the average market price ($30,906) followed by "Flexible" priced at $11,340. On average the cheapest type of fuel is "Gasoline". It´s price is 29 % more affordable than the average market value followed by "Gas" with a price of $15,680.