Chevrolet Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Chevrolet cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 1,713,874. November went through a strong inflation with a rise in the price till ₱ 2,827,771. During the following two months (December, January) the average selling price rose somewhat going from ₱ 2,270,822.5 to ₱ 2,419,170.5. The average price has had spectacular rise of 23 % with an average price of ₱ 2,344,996.5 during the previous 4 months and ₱ 2,889,692 during the most recent months in February and March.
The average price for Chevrolet has had a strong rise in recent years. Between "before 2000" and 2019, the average price is ₱ 533,221.25. There was a significant inflation of the average price in "before 2000" (₱ 530,000) moving up till (₱ 1,006,167)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 133 %. During the last two years, prices in the car industry have gone through a strong rise of 63 % 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 (₱ 3,365,429.5) and the the last two years that have been analyzed (2022, 2023) with a price of ₱ 5,487,091.
The graph that displays the price for Chevrolet 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 88 % more affordable than the average price (₱ 4,503,697). Next with a price of ₱ 613,333 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 11% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 1,518,013.
The graph showing the average price for the fuel type for Chevrolet cars points out to "Gas" as being the cheapest fuel type. It is 93 % less expensive than the average market price (₱ 4,503,697) followed by "Gasoline" priced at ₱ 496,680. On average the cheapest type of fuel is "Diesel". It´s price is 88 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 496,680.
The graph displaying the average price for vehicles with doors shows that Chevrolet automobiles with the cheapest price have 4 doors. They are 96 % cheaper than the average price for this model priced at ₱ 199,333. Cars with the lowest price have 5 doors and are 95 % cheaper than the average previously displayed.