Price for Pontiac Grand AM
Pontiac Grand AM 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 Pontiac Grand AM cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $6,161. During November the price went trough a strong deflation till $5,192. The following two months (December, January) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from $5,364.75 to $3,352.
The average price for Pontiac Grand AM has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2001, the average price was $4,619.67. Please take note of of the significant depreciation in the prices between "before 2000" ($7,936) and 2001 ($2,327). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -19 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 ($5,048.5) and the the last two years that have been analyzed (2004, 2005) with a price of $6,358.5.
