Hummer 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 Hummer cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is £19,814. During December the price went trough a strong deflation till £15,910. The following two months (January, February) the selling price went through a devaluation of -13 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from £16,734.75 to £17,164.5 during March and April.