Chevrolet Colorado Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Chevrolet Colorado cars has fallen during the last 6 months we have analyzed. The average price in November was of RM 46,360. This price hardly went through any changes and remained at RM 45,081 during December. The following two months (January, February) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from RM 44,008.25 to RM 45,172 during March and April.
The average price for Chevrolet Colorado has had a strong rise in recent years. During 2013 and 2013, the average price was RM 34,000. During this period, prices pretty much remained constant. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 20 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (RM 50,607.5) and the the last two years that have been analyzed (2016, 2017) with a price of RM 60,358.5.
The graph that shows the price for Chevrolet Colorado cars according to their mileage indicates that those vehicles within a mileage range of "50,000 - 100,000" are the most expensive ones. They are 4 % more costly than the average market price (RM 45,250). Next with a price of RM 47,683 and a mileage range of "100,000 - 200,000" we will see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 5% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of RM 47,157.