Lexus GS 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 Lexus GS cars has had a strong depreciation during the last 6 months we have studied. The average price for November is £11,922. During December there was a slight reduction in the selling prices dropping till £10,933. 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. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from £10,663.5 to £9,960.5 during March and April.
The average price for Lexus GS has had a strong rise in recent years. During 2006 and 2006, the average price was £4,493. During this period, prices pretty much remained constant. During the next two years the average price(£4,486.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 63 % 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 (£12,094.25) and the the last two years that have been analyzed (2013, 2016) with a price of £19,702.
The graph that displays the price for Lexus GS 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 48 % more affordable than the average price (£9,446). Next with a price of £11,643 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 152% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of £11,643.
The graph showing the average price for the fuel type for Lexus GS cars points out to "Petrol" as being the cheapest fuel type. It is 7 % less expensive than the average market price (£9,446) followed by "Hybrid" priced at £12,209. On average the most expensive type of fuel is "Hybrid". It´s price is 29 % higher than the average market price followed by "Petrol" which costs £8,808.