Chevrolet 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 Chevrolet cars has fallen during the last 6 months we have analyzed. The average price for September is S$ 47,828. During October there was a slight reduction in the selling prices dropping till S$ 43,835. The following two months (November, December) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from S$ 44,453.25 to S$ 39,140 during January and February.
The average price for Chevrolet has remained constant in recent years. During the first sample analyzed, going from 2007 to 2010, the average price was S$ 30,614.75. Please take note of of the significant depreciation in the prices between 2007 (S$ 35,800) and 2010 (S$ 24,261). During the next two years the average price(S$ 31,689.5) 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 21 % 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 (S$ 40,291.25) and the the last two years that have been analyzed (2016, 2017) with a price of S$ 48,893.
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 4 % more affordable than the average price (S$ 38,688). Next with a price of S$ 47,588 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 154% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of S$ 47,588.