Price for Chevrolet
Chevrolet 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 Chevrolet cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is £48,192. During November the price went trough a strong deflation till £32,305. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 22 % from £40,248.5 to £49,299.5. In the last two months, the price has gone through a strong devaluation of -21 % compared to the 4 previous average values going down from £44,774 to £35,398.5.
The average price for Chevrolet has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2011, the average price was £6,613. Please take note of of the significant depreciation in the prices between "before 2000" (£17,122) and 2011 (£2,893). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -43 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 74 % 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 (£14,385.5) and the the last two years that have been analyzed (2014, 2017) with a price of £24,974.
The graph that displays the price for Chevrolet cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 87 % more affordable than the average price (£27,730). Next with a price of £6,124 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 54% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £24,934.
The graph showing the average price for the fuel type for Chevrolet cars points out to "Diesel" as being the cheapest fuel type. It is 85 % less expensive than the average market price (£27,730) followed by "Petrol" priced at £25,144. On average the cheapest type of fuel is "Petrol". It´s price is 9 % more affordable than the average market value followed by "Diesel" with a price of £4,131.
The graph showing the average price for Chevrolet cars displays those with 4 doors as the cheapest ones. They are 92 % more affordable than the average price (£27,730). These are followed by those with 5 doors with an average price of £4,713. Cars with the most expensive average price have 2 doors and are 91 % dearer than the average followed by those with 3 doors priced at £12,518.
