Great-wall 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 Great-wall cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is £8,037. During December the price went trough a strong deflation till £5,676. The average selling price has remained fairly constant during the following two months, going from £6,856.5 to £6,552. During the last couple of months, the average price has hardly changed, remaining the same going from £6,704.25 to £6,495 during March and April.
The average price for Great-wall has had a strong rise in recent years. Between 2013 and 2016, the average price is £6,504.5. There was a significant inflation of the average price in 2013 (£3,684) moving up till (£9,325)in 2016.
The graph that displays the price for Great-wall cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 24 % more affordable than the average price (£6,300). Next with a price of £9,325 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 48% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of £4,788.