Holden Statesman 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 Holden Statesman cars has had a strong depreciation during the last 6 months we have studied. The average price for March is $16,439. During April there was a slight reduction in the selling prices dropping till $15,381. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -21 % compared to the 4 previous average values going down from $14,303.75 to $11,268.5.
The average price for Holden Statesman has had a strong rise in recent years. Between "before 2000" and 2002, the average price is $10,106.33. There was a significant inflation of the average price in "before 2000" ($6,926) moving up till ($11,396)in 2002. Cars belonging to the model aforementioned had a price deflation of -9 percent in the next two years (2003, 2004) compared to the previous two years. 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 ($10,763.75) and the the last two years that were studied (2007, 2008) with a price of $12,305.
The graph that displays the price for Holden Statesman 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 29 % more affordable than the average price ($11,782). Next with a price of $12,160 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 28% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of $14,580.
The graph showing the average price for the fuel type for Holden Statesman cars points out to "Gasoline" as being the cheapest fuel type. It is 20 % less expensive than the average market price ($11,782) followed by "Petrol" priced at $16,647. On average the most expensive type of fuel is "Petrol". It´s price is 41 % higher than the average market price followed by "Gasoline" which costs $9,410.