Chevrolet Equinox 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 Equinox cars has had a strong depreciation during the last 6 months we have studied. In April the average price per vehicle is $68,893. During May the price went trough a strong deflation till $46,377. The following two months the selling price went through a strong reduction of -26 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $50,027 to $48,818.5 during August and September.
The average price for Chevrolet Equinox has had a strong rise in recent years. Between 2005 and 2015, the average price is $12,479.82. There was a significant inflation of the average price in 2005 ($6,156) moving up till ($22,281)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 116 %. During the last two years, prices in the car industry have gone up 15 % 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 ($31,501.75) and the the last two years that were studied (2018, 2019) with a price of $36,099.
The graph that displays the price for Chevrolet Equinox 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 90 % more affordable than the average price ($42,543). Next with a price of $15,569 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $29,701.
The graph showing the average price for the fuel type for Chevrolet Equinox cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 66 % less expensive than the average market price ($42,543) followed by "Flexible" priced at $14,905. On average the cheapest type of fuel is "Gasoline". It´s price is 21 % more affordable than the average market value followed by "Diesel" with a price of $26,525.
The graph displaying the average price for vehicles with doors shows that Chevrolet Equinox automobiles with the cheapest price have 5 doors. They are 76 % cheaper than the average price for this model priced at $10,344. Cars with the lowest price have 4 doors and are 4 % cheaper than the average previously displayed.