Chevrolet Optra Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Chevrolet Optra cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is AED 7,333. During December the price went trough a strong deflation till . The following two months (January, February) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 104 % with an average price of AED 3,502.25 during the previous 4 months and AED 7,132.5 during the most recent months in March and April.
The average price for Chevrolet Optra has had a strong rise in recent years. During 2006 and 2007, the average price was AED 5,910.5. During this period, prices pretty much remained constant. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 34 %. During the last two years, prices in the car industry have gone up 9 % 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 (AED 8,700) and the the last two years that were studied (2010, 2011) with a price of AED 9,473.
The graph that displays the price for Chevrolet Optra 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 9 % more affordable than the average price (AED 7,269). Next with a price of AED 7,431 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 26% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of AED 7,431.
The graph displaying the average price for vehicles with doors shows that Chevrolet Optra automobiles with the cheapest price have 5 doors. They are 8 % cheaper than the average price for this model priced at AED 6,667. Cars with the the highest price have 4 doors and are 1 % more expensive than the average mentioned before.