Price for Cadillac CT5
Cadillac CT5 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 Cadillac CT5 cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is $66,033. During December the price went trough a strong deflation till $55,949. The following two months (January, February) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -15 % devaluation compared to the previous average values going down from $56,839.25 to $48,338 during March and April.
The average price for Cadillac CT5 has had a strong rise in recent years. During 2020 and 2020, the average price was $39,065. During this period, prices pretty much remained constant. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 18 %. 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 ($59,214.75) and the the last two years that have been analyzed (2023, 2024) with a price of $72,506.5.
The graph that displays the price for Cadillac CT5 cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 20 % more affordable than the average price ($48,415). Next with a price of $43,474 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 49% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $45,706.
