GMC Sonoma Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for GMC Sonoma cars has had a strong depreciation during the last 6 months we have studied. The average price in May was of $9,058. This price hardly went through any changes and remained at $9,444 during June. The following two months the selling price went through a strong reduction of -32 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -20 % compared to the 4 previous average values going down from $7,778.75 to $6,242.5.
The average price for GMC Sonoma has had a strong rise in recent years. During "before 2000" and 2000, the average price was $4,118. During this period, prices pretty much remained constant. During the next two years (2001, 2002) the price for the aforementioned model has gone up strongly a 16 %. During the last two years, prices in the car industry have gone up 12 % 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 ($5,447.75) and the the last two years that were studied (2003, 2004) with a price of $6,122.
The graph that displays the price for GMC Sonoma 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 40 % more affordable than the average price ($6,174). Next with a price of $4,483 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 0% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $5,054.
The graph showing the average price for the fuel type for GMC Sonoma cars points out to "Gas" as being the cheapest fuel type. It is 36 % less expensive than the average market price ($6,174) followed by "Gasoline" priced at $4,933. On average the cheapest type of fuel is "Gasoline". It´s price is 20 % more affordable than the average market value followed by "Gas" with a price of $3,962.
The graph showing the average price for GMC Sonoma cars displays those with 2 doors as the cheapest ones. They are 39 % more affordable than the average price ($6,174). These are followed by those with 3 doors with an average price of $6,800. Cars with the the highest price have 4 doors and are 23 % more expensive than the average mentioned before.