Hyundai Veracruz 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 Hyundai Veracruz cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $20,720. This price hardly went through any changes and remained at $20,446 during November. The following two months the selling price went through a strong reduction of -29 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from $17,640.25 to $13,802.
The average price for Hyundai Veracruz has gone down in recent years. During 2007 and 2007, the average price was $20,286. During this period, prices pretty much remained constant. During the next two years (2008, 2010) the price for the aforementioned model has gone up strongly a 25 %. During the last two years, the car industry has had a strong deflation in its selling prices of -33 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample ($19,068) and the the last two years (2011, 2012) with a price of $12,819.
The graph that displays the price for Hyundai Veracruz 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 48 % more affordable than the average price ($17,267). Next with a price of $22,375 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 30% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $8,980.