Price for Genesis
Genesis Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Genesis cars have remained constant in the last 6 months. The average price in October was of $58,286. This price hardly went through any changes and remained at $57,711 during November. The average selling price has remained fairly constant during the following two months, going from $57,998.5 to $59,235.5. During the last couple of months, the average price has hardly changed, remaining the same going from $58,617 to $56,127.5 during February and March.
The average price for Genesis has had a strong rise in recent years. Between 2018 and 2020, the average price is $29,841.33. There was a significant inflation of the average price in 2018 ($28,410) moving up till ($32,859)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 57 %. During the last two years, prices in the car industry have gone through a strong rise of 23 % 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 ($60,547.25) and the the last two years that have been analyzed (2023, 2024) with a price of $74,294.
The graph that displays the price for Genesis 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 56 % more affordable than the average price ($55,256). Next with a price of $34,789 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 26% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $64,787.
The graph showing the average price for the fuel type for Genesis cars points out to "Gasoline" as being the cheapest fuel type. It is 11 % less expensive than the average market price ($55,256) followed by "Electric" priced at $73,847. On average the most expensive type of fuel is "Electric". It´s price is 34 % higher than the average market price followed by "Gasoline" which costs $49,103.
