Price for GMC Envoy
GMC Envoy 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 GMC Envoy cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $13,639. During November the price went trough a strong deflation till $11,488. The average selling price has remained fairly constant during the following two months, going from $12,563.5 to $12,242.5. In the last two months, the price has gone through a strong devaluation of -44 % compared to the 4 previous average values going down from $12,403 to $6,921.5.
The average price for GMC Envoy has become more expensive in recent years. During the first sample analyzed, going from 2002 to 2004, the average price was $5,246.67. Please take note of of the significant depreciation in the prices between 2002 ($6,329) and 2004 ($4,950). During the next two years (2005, 2006) the price for the aforementioned model has gone up strongly a 69 %. During the last two years, prices in the car industry have experienced a depreciation of -5 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($8,396) and the the last two years analyzed (2007, 2008) with a price of $7,948.
The graph that displays the price for GMC Envoy 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 29 % more affordable than the average price ($6,153). Next with a price of $7,013 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 19% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $7,013.
