Pontiac Grand AM 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 Pontiac Grand AM cars has had a strong depreciation during the last 6 months we have studied. The average price for April is $4,539. During May there was a slight reduction in the selling prices dropping till $4,078. The following two months the selling price went through a strong reduction of -23 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -29 % compared to the 4 previous average values going down from $3,809 to $2,686.
The average price for Pontiac Grand AM has gone down in recent years. During the first sample analyzed, going from "before 2000" to 2001, the average price was $2,135.67. Please take note of of the significant depreciation in the prices between "before 2000" ($3,037) and 2001 ($2,270). During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 33 %. During the last two years, prices in the car industry have gone up 10 % 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 ($3,167.25) and the the last two years that were studied (2004, 2005) with a price of $3,485.5.
The graph that displays the price for Pontiac Grand AM 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 24 % more affordable than the average price ($2,707). Next with a price of $2,793 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 384% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $5,700.
The graph showing the average price for the fuel type for Pontiac Grand AM cars points out to "Diesel" as being the cheapest fuel type. It is 16 % less expensive than the average market price ($2,707) followed by "Gasoline" priced at $2,371. On average the cheapest type of fuel is "Gasoline". It´s price is 12 % more affordable than the average market value followed by "Diesel" with a price of $2,278.