Hummer H2 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 H2 cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 790,000. November went through a strong inflation with a rise in the price till ₱ 1,076,786. The average selling price has remained fairly constant during the following two months, going from ₱ 933,393 to ₱ 935,154.5. The average price has had spectacular rise of 44 % with an average price of ₱ 934,273.75 during the previous 4 months and ₱ 1,341,040 during the most recent months in February and March.
The average price for Hummer H2 has had a strong rise in recent years. During 2003 and 2003, the average price was ₱ 887,136. During this period, prices pretty much remained constant. During the next two years (2004, 2005) the price for the aforementioned model has gone up strongly a 48 %. During the last two years, prices in the car industry have gone up 6 % 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 (₱ 1,393,767.75) and the the last two years that were studied (2006, 2008) with a price of ₱ 1,471,000.
The graph that displays the price for Hummer H2 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 34 % more affordable than the average price (₱ 1,491,625). Next with a price of ₱ 1,880,000 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 66% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 2,060,950.
The graph showing the average price for the fuel type for Hummer H2 cars points out to "Diesel" as being the cheapest fuel type. It is 77 % less expensive than the average market price (₱ 1,491,625) followed by "Gasoline" priced at ₱ 510,150. On average the cheapest type of fuel is "Gasoline". It´s price is 66 % more affordable than the average market value followed by "Diesel" with a price of ₱ 337,000.