Holden Ute 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 Ute cars has had a strong depreciation during the last 6 months we have studied. The average price for July is $30,295. During August there was a slight reduction in the selling prices dropping till $26,712. The following two months (September, October) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from $26,808.25 to $24,870 during November and December.
The average price for Holden Ute has had a strong rise in recent years. Between 2003 and 2013, the average price is $17,518.57. There was a significant inflation of the average price in 2003 ($11,833) moving up till ($33,856)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 80 %. During the last two years, prices in the car industry have gone through a strong rise of 15 % 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 ($37,203.75) and the the last two years that have been analyzed (2016, 2017) with a price of $42,895.5.
The graph that displays the price for Holden Ute 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 53 % more affordable than the average price ($25,100). Next with a price of $13,664 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 118% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $36,942.
The graph showing the average price for the fuel type for Holden Ute cars marks "Petrol" as the most costly fuel type. It is 5 % more expensive than the average market price ($25,100) followed by "Gasoline" priced at $34,514. On average the most expensive type of fuel is "Gasoline". It´s price is 38 % higher than the average market price followed by "Petrol" which costs $26,472.