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. The average price in December was of $74,334. This price hardly went through any changes and remained at $74,623 during January. During the following two months (February, March) the average selling price experienced a noticeable rise, going up 16 % from $74,478.5 to $86,744.5. During the last couple of months, the average price has hardly changed, remaining the same going from $80,611.5 to $79,888.5 during April and May.
The average price for Chevrolet Silverado 1500 has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $19,813.22. There was a significant inflation of the average price in "before 2000" ($6,106) moving up till ($42,430)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 164 %. During the last two years, prices in the car industry have gone up 14 % 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 ($60,917.5) and the the last two years that were studied (2019, 2020) with a price of $69,572.
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 82 % more affordable than the average price ($76,217). Next with a price of $29,110 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 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $51,093.
The graph showing the average price for the fuel type for Chevrolet Silverado 1500 cars points out to "Hybrid" as being the cheapest fuel type. It is 73 % less expensive than the average market price ($76,217) followed by "Flexible Fuel" priced at $22,718. On average the cheapest type of fuel is "Gasoline". It´s price is 31 % more affordable than the average market value followed by "Diesel" with a price of $51,881.
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 ($76,217). These are followed by those with 2 doors with an average price of $37,484. Cars with the lowest price have 4 doors and are 13 % cheaper than the average previously displayed.