Chevrolet Silverado 3500 Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Chevrolet Silverado 3500 cars have gone through a strong rise during the last 6 months. During the first month analyzed in February the average price was $45,791. March went through a strong inflation with a rise in the price till $56,251. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 19 % from $51,021 to $60,549. The average price has had spectacular rise of 35 % with an average price of $55,785 during the previous 4 months and $75,114 during the most recent months in June and July.
The average price for Chevrolet Silverado 3500 has had a strong rise in recent years. Between 2001 and 2018, the average price is $33,608.59. There was a significant inflation of the average price in 2001 ($13,985) moving up till ($59,867)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 102 %. During the last two years, prices in the car industry have gone up 7 % 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 ($73,179.25) and the the last two years that were studied (2021, 2022) with a price of $78,599.
The graph that displays the price for Chevrolet Silverado 3500 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 76 % more affordable than the average price ($82,686). Next with a price of $48,721 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 $74,471.
The graph showing the average price for the fuel type for Chevrolet Silverado 3500 cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 46 % less expensive than the average market price ($82,686) followed by "Gasoline" priced at $59,314. On average the cheapest type of fuel is "Diesel". It´s price is 1 % more affordable than the average market value followed by "Gasoline" with a price of $59,314.