Buick Rendezvous 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 Buick Rendezvous cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is $6,923 increasing till $7,302 in October. The average selling price has remained fairly constant during the following two months, going from $7,112.5 to $6,924.5. In the last two months, the price has gone through a strong devaluation of -50 % compared to the 4 previous average values going down from $7,018.5 to $3,493.5.
The average price for Buick Rendezvous has had a strong rise in recent years. During 2002 and 2003, the average price was $3,150. During this period, prices pretty much remained constant. During the next two years the average price($3,056.5) 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 30 % 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 ($4,371) and the the last two years that have been analyzed (2006, 2007) with a price of $5,685.5.
The graph that displays the price for Buick Rendezvous cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 54 % more affordable than the average price ($3,388). Next with a price of $3,177 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 13% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $3,177.