Chevrolet Cruze 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 Cruze cars has had a strong depreciation during the last 6 months we have studied. The average price for June is S$ 45,000. During July there was a slight reduction in the selling prices dropping till S$ 40,429. The following two months (August, September) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from S$ 40,811.5 to S$ 31,762.
The average price for Chevrolet Cruze has had a strong rise in recent years. Between 2009 and 2010, the average price is S$ 28,820.5. There was a significant inflation of the average price in 2009 (S$ 18,812) moving up till (S$ 38,829)in 2010. During the next two years (2014, 2015), the average price went up 5 % moving from !PRECIO1! to S$ 30,286.5, During the last two years, prices in the car industry have gone through a strong rise of 22 % 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$ 39,064.25) and the the last two years that have been analyzed (2016, 2017) with a price of S$ 47,842.
The graph that displays the price for Chevrolet Cruze 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 18 % more affordable than the average price (S$ 31,541). Next with a price of S$ 34,756 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of S$ 34,756.