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. The average price in September was of ₱ 1,635,586. This price hardly went through any changes and remained at ₱ 1,713,874 during October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 57 % from ₱ 1,674,730 to ₱ 2,630,471.5. In the last two, the price has gone through a -15 % devaluation compared to the previous average values going down from ₱ 2,152,600.75 to ₱ 1,840,428 during January and February.
The average price for Chevrolet has had a strong rise in recent years. Between "before 2000" and 2018, the average price is ₱ 416,091.94. There was a significant inflation of the average price in "before 2000" (₱ 391,667) moving up till (₱ 925,000)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 416 %. During the last two years, prices in the car industry have gone through a strong rise of 48 % 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 (₱ 4,094,395.75) and the the last two years that have been analyzed (2022, 2023) with a price of ₱ 6,041,333.5.
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 73 % more affordable than the average price (₱ 1,275,687). Next with a price of ₱ 446,248 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 26% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 743,553.
The graph showing the average price for the fuel type for Chevrolet cars points out to "Diesel" as being the cheapest fuel type. It is 75 % less expensive than the average market price (₱ 1,275,687) followed by "Gas" priced at ₱ 331,667. On average the cheapest type of fuel is "Gasoline". It´s price is 73 % more affordable than the average market value followed by "Gas" with a price of ₱ 331,667.
The graph displaying the average price for vehicles with doors shows that Chevrolet automobiles with the cheapest price have 4 doors. They are 89 % cheaper than the average price for this model priced at ₱ 144,000. Cars with the lowest price have 5 doors and are 82 % cheaper than the average previously displayed.