Chevrolet Silverado 1500 Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Chevrolet Silverado 1500 cars have increased during the last 6 months. During the first month analyzed in February the average price was $77,559. March went through a strong inflation with a rise in the price till $95,930. The following two months (April, May) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -5 % devaluation compared to the previous average values going down from $83,316.5 to $79,137 during June and July.
The average price for Chevrolet Silverado 1500 has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $18,545.83. There was a significant inflation of the average price in "before 2000" ($6,923) moving up till ($39,699)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 184 %. 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 ($61,621.5) and the the last two years that were studied (2019, 2020) with a price of $70,597.
The graph that displays the price for Chevrolet Silverado 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 81 % more affordable than the average price ($79,706). Next with a price of $30,955 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 2% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $54,126.
The graph showing the average price for the fuel type for Chevrolet Silverado 1500 cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 74 % less expensive than the average market price ($79,706) followed by "Flexible" priced at $24,104. On average the cheapest type of fuel is "Gas". It´s price is 31 % more affordable than the average market value followed by "Diesel" with a price of $49,644.
The graph showing the average price for Chevrolet Silverado 1500 cars displays those with 3 doors as the cheapest ones. They are 94 % more affordable than the average price ($79,706). These are followed by those with 2 doors with an average price of $35,193. Cars with the lowest price have 4 doors and are 16 % cheaper than the average previously displayed.