GMC Suburban 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 Suburban cars have increased during the last 6 months. In November the price for a car is $36,337 increasing till $39,936 in December. During the following two months (January, February) the average selling price rose somewhat going from $38,136.5 to $40,117. During the last couple of months, the average price has hardly changed, remaining the same going from $39,126.75 to $40,948.5 during March and April.
The average price for GMC Suburban has had a strong rise in recent years. Between "before 2000" and 2019, the average price is $17,673.19. There was a significant inflation of the average price in "before 2000" ($7,294) moving up till ($34,191)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 163 %. During the last two years, prices in the car industry have gone up 15 % 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 ($54,458.25) and the the last two years that were studied (2022, 2023) with a price of $62,445.
The graph that displays the price for GMC Suburban 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 78 % more affordable than the average price ($40,789). Next with a price of $9,712 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 28% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at $25,168.
The graph showing the average price for the fuel type for GMC Suburban cars points out to "Diesel" as being the cheapest fuel type. It is 62 % less expensive than the average market price ($40,789) followed by "Gasoline" priced at $18,170. On average the cheapest type of fuel is "Gasoline". It´s price is 55 % more affordable than the average market value followed by "Diesel" with a price of $15,425.