GMC Yukon Xl 1500 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 Yukon Xl 1500 cars has had a strong depreciation during the last 6 months we have studied. In March the average price per vehicle is $35,985. During April the price went trough a strong deflation till $18,650. The following two months (May, June) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from $25,386 to $19,665.5.
The average price for GMC Yukon Xl 1500 has had a strong rise in recent years. Between 2004 and 2010, the average price is $11,459.6. There was a significant inflation of the average price in 2004 ($7,624) moving up till ($15,884)in 2010. During the next two years (2011, 2013) the price for the aforementioned model has gone up strongly a 22 %. During the last two years, prices in the car industry have gone through a strong rise of 37 % 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 ($22,259.25) and the the last two years that have been analyzed (2014, 2015) with a price of $30,569.5.
The graph that displays the price for GMC Yukon Xl 1500 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 31 % more affordable than the average price ($18,081). Next with a price of $14,577 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 76% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $14,577.