Chevrolet Suburban 1500 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 Suburban 1500 cars have gone through a strong rise during the last 6 months. The average price in October was of $27,763. This price hardly went through any changes and remained at $28,806 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 53 % from $28,284.5 to $43,178.5. The average price has had spectacular rise of 25 % with an average price of $35,731.5 during the previous 4 months and $44,553 during the most recent months in February and March.
The average price for Chevrolet Suburban 1500 has had a strong rise in recent years. Between "before 2000" and 2012, the average price is $12,356.86. There was a significant inflation of the average price in "before 2000" ($4,320) moving up till ($25,566)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 139 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($36,584.25) and the the last two years that have been analyzed (2015, 2016) with a price of $43,696.
The graph that displays the price for Chevrolet Suburban 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 88 % more affordable than the average price ($44,923). Next with a price of $15,984 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 "25,000 - 50,000" priced at $41,477.