Chevrolet Express 1500 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 Express 1500 cars has had a strong depreciation during the last 6 months we have studied. The average price in April was of $21,422. This price hardly went through any changes and remained at $21,321 during May. The average selling price has remained fairly constant during the following two months, going from $21,371.5 to $20,822. In the last two months, the price has gone through a strong devaluation of -36 % compared to the 4 previous average values going down from $21,096.75 to $13,565.
The average price for Chevrolet Express 1500 has had a strong rise in recent years. Between 2005 and 2010, the average price is $8,938.83. There was a significant inflation of the average price in 2005 ($8,153) moving up till ($10,847)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 60 %. During the last two years, prices in the car industry have gone up 11 % 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 ($15,981) and the the last two years that were studied (2013, 2014) with a price of $17,702.
The graph that displays the price for Chevrolet Express 1500 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 63 % more affordable than the average price ($14,156). Next with a price of $10,542 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 33% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $15,719.
The graph displaying the average price for vehicles with doors shows that Chevrolet Express 1500 automobiles with the cheapest price have 4 doors. They are 5 % cheaper than the average price for this model priced at $13,395. Cars with the the highest price have 3 doors and are 9 % more expensive than the average mentioned before.