Price for Pontiac Sunfire
Pontiac Sunfire 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 Sunfire cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $5,198. During November there was a slight reduction in the selling prices dropping till $4,557. The average selling price has remained fairly constant during the following two months, going from $4,877.5 to $4,754.5. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from $4,816 to $3,719.
The average price for Pontiac Sunfire has had a strong rise in recent years. During "before 2000" and 2001, the average price was $2,295.33. During this period, prices pretty much remained constant. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 26 %. During the last two years, prices in the car industry have gone up 13 % 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 ($3,314.5) and the the last two years that were studied (2004, 2005) with a price of $3,742.5.
The graph that displays the price for Pontiac Sunfire 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 9 % more affordable than the average price ($3,792). Next with a price of $3,502 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 46% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of $4,633.
