Holden Viva 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 Viva cars has had a strong depreciation during the last 6 months we have studied. In August the average price per vehicle is $6,696. During September the price went trough a strong deflation till $4,793. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -19 % compared to the 4 previous average values going down from $5,052 to $4,087.
The average price for Holden Viva has had a strong rise in recent years. During 2005 and 2005, the average price was $2,364. During this period, prices pretty much remained constant. During the next two years (2006, 2007) the price for the aforementioned model has gone up strongly a 24 %. 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 ($3,376.5) and the the last two years that were studied (2008, 2009) with a price of $3,829.
The graph that displays the price for Holden Viva 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 50 % more affordable than the average price ($4,080). Next with a price of $2,807 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at $3,933.