GMC Yukon 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 Yukon cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $85,746. During November there was a slight reduction in the selling prices dropping till $73,877. The following two months (December, January) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from $74,925.75 to $71,560 during February and March.
The average price for GMC Yukon has had a strong rise in recent years. Between "before 2000" and 2017, the average price is $19,147.67. There was a significant inflation of the average price in "before 2000" ($2,967) moving up till ($53,718)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 208 %. During the last two years, prices in the car industry have gone up 11 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($66,531.25) and the the last two years that were studied (2020, 2021) with a price of $74,018.5.
The graph that displays the price for GMC Yukon 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 88 % more affordable than the average price ($74,877). Next with a price of $33,525 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 7% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at $59,629.
The graph showing the average price for the fuel type for GMC Yukon cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 47 % less expensive than the average market price ($74,877) followed by "Gasoline" priced at $51,784. On average the cheapest type of fuel is "Gas". It´s price is 24 % more affordable than the average market value followed by "Gasoline" with a price of $51,784.
The graph displaying the average price for vehicles with doors shows that GMC Yukon automobiles with the cheapest price have 5 doors. They are 35 % cheaper than the average price for this model priced at $48,667. Cars with the lowest price have 4 doors and are 17 % cheaper than the average previously displayed.