Pontiac Grand Prix Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Pontiac Grand Prix cars has fallen during the last 6 months we have analyzed. The average price for July is $31,835. During August there was a slight reduction in the selling prices dropping till $29,311. The average selling price has remained fairly constant during the following two months, going from $30,573 to $29,548.5. During the last couple of months, the average price has hardly changed, remaining the same going from $30,060.75 to $30,606 during November and December.
The average price for Pontiac Grand Prix has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2004, the average price was $5,220.6. Please take note of of the significant depreciation in the prices between "before 2000" ($7,497) and 2004 ($3,981). Cars belonging to the model aforementioned had a price deflation of -9 percent in the next two years (2005, 2006) compared to the previous two years. During the last two years, prices in the car industry have experienced a depreciation of -7 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($4,444.5) and the the last two years analyzed (2007, 2008) with a price of $4,145.
The graph that displays the price for Pontiac Grand Prix 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 89 % more affordable than the average price ($31,296). Next with a price of $5,517 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 35% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $19,838.
The graph showing the average price for the fuel type for Pontiac Grand Prix cars points out to "Diesel" as being the cheapest fuel type. It is 92 % less expensive than the average market price ($31,296) followed by "Gas" priced at $5,794. On average the cheapest type of fuel is "Gasoline". It´s price is 36 % more affordable than the average market value followed by "Gas" with a price of $5,794.