GMC 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 GMC cars have gone through a strong rise during the last 6 months. The average price in October was of AED 110,906. This price hardly went through any changes and remained at AED 111,887 during November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 15 % from AED 111,396.5 to AED 128,595.5. The average price has had spectacular rise of 38 % with an average price of AED 119,996 during the previous 4 months and AED 165,787 during the most recent months in February and March.
The average price for GMC has had a strong rise in recent years. Between 2007 and 2020, the average price is AED 51,921. There was a significant inflation of the average price in 2007 (AED 20,429) moving up till (AED 114,790)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 191 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of AED 145,591.25 in 2023 and AED 139,983 during 2024.
The graph that displays the price for GMC cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 82 % more affordable than the average price (AED 169,045). Next with a price of AED 41,773 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at AED 151,636.
The graph showing the average price for GMC cars displays those with 5 doors as the cheapest ones. They are 82 % more affordable than the average price (AED 169,045). These are followed by those with 2 doors with an average price of AED 49,201. Cars with the lowest price have 4 doors and are 60 % cheaper than the average previously displayed.