Price for GMC Sierra
GMC Sierra 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 GMC Sierra cars have gone through a strong rise during the last 6 months. The average price in July was of $86,470. This price hardly went through any changes and remained at $86,715 during August. The average selling price has remained fairly constant during the following two months, going from $86,592.5 to $85,462. The average price has had spectacular rise of 58 % with an average price of $86,027.25 during the previous 4 months and $136,212 during the most recent months in November and December.
The average price for GMC Sierra has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $23,844.17. There was a significant inflation of the average price in "before 2000" ($8,527) moving up till ($58,769)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 181 %. 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 ($72,379.75) and the the last two years that were studied (2019, 2020) with a price of $77,754.
The graph that displays the price for GMC Sierra 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 87 % more affordable than the average price ($187,009). Next with a price of $50,224 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 9% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $75,197.
The graph showing the average price for the fuel type for GMC Sierra cars points out to "Flexible" as being the cheapest fuel type. It is 87 % less expensive than the average market price ($187,009) followed by "Flexible Fuel" priced at $25,266. On average the cheapest type of fuel is "Diesel". It´s price is 57 % more affordable than the average market value followed by "Gasoline" with a price of $68,238.
The graph showing the average price for GMC Sierra cars displays those with 3 doors as the cheapest ones. They are 98 % more affordable than the average price ($187,009). These are followed by those with 2 doors with an average price of $30,398. Cars with the lowest price have 4 doors and are 57 % cheaper than the average previously displayed.
