GMC Sonoma Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for GMC Sonoma cars have increased during the last 6 months. In February the price for a car is $5,770 increasing till $6,218 in March. The average selling price has remained fairly constant during the following two months, going from $5,994 to $6,092. During the last couple of months, the average price has hardly changed, remaining the same going from $6,043 to $6,326 during June and July.
The average price for GMC Sonoma has gone through a significant depreciation in recent years. During "before 2000" and "before 2000", the average price was $7,680. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -27 % compared to the previous period. During the last two years, prices in the car industry have gone up 5 % 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 ($5,947) and the the last two years that were studied (2002, 2003) with a price of $6,256.
The graph that displays the price for GMC Sonoma cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 7 % more affordable than the average price ($6,243). Next with a price of $6,105 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 113% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $6,273.