Price for Pontiac Grand Prix
Pontiac Grand Prix 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 Prix cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $11,042. During November the price went trough a strong deflation till $9,007. The following two months (December, January) the selling price went through a devaluation of -9 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 -39 % compared to the 4 previous average values going down from $9,563.25 to $5,843.5.
The average price for Pontiac Grand Prix has had a strong rise in recent years. Between "before 2000" and 2004, the average price is $3,805.83. There was a significant inflation of the average price in "before 2000" ($1,968) moving up till ($6,108)in 2004. During the next two years (2005, 2006) the price for the aforementioned model has gone up strongly a 104 %. During the last two years, prices in the car industry have gone up 14 % 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 ($9,006.25) and the the last two years that were studied (2007, 2008) with a price of $10,237.
