Hummer 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 Hummer cars have gone through a strong rise during the last 6 months. During the first month analyzed in September the average price was ₱ 761,935. October went through a strong inflation with a rise in the price till ₱ 1,158,824. During the following two months (November, December) the average selling price rose somewhat going from ₱ 960,379.5 to ₱ 1,055,683. The average price has risen 15 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 1,159,129.5) during January and February.
The average price for Hummer has remained constant in recent years. During the first sample analyzed, going from 2000 to 2006, the average price was ₱ 900,357.25. Please take note of of the significant depreciation in the prices between 2000 (₱ 882,000) and 2006 (₱ 390,000).
The graph that displays the price for Hummer cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 22 % more affordable than the average price (₱ 1,169,926). Next with a price of ₱ 1,489,167 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 31% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 1,489,167.
The graph showing the average price for the fuel type for Hummer cars points out to "Diesel" as being the cheapest fuel type. It is 40 % less expensive than the average market price (₱ 1,169,926) followed by "Gasoline" priced at ₱ 1,024,545. On average the cheapest type of fuel is "Gasoline". It´s price is 12 % more affordable than the average market value followed by "Diesel" with a price of ₱ 698,889.