Chevrolet Spark 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 Spark cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in November the average price was AED 37,792. December went through a strong inflation with a rise in the price till AED 47,096. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -55 % compared to the 4 previous average values going down from AED 37,308.25 to AED 16,726.5.
The average price for Chevrolet Spark has had a strong rise in recent years. Between 2012 and 2015, the average price is AED 14,014. There was a significant inflation of the average price in 2012 (AED 10,875) moving up till (AED 17,500)in 2015.
The graph that displays the price for Chevrolet Spark cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 36 % more affordable than the average price (AED 16,739). Next with a price of AED 13,500 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 32% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of AED 21,750.
The graph displaying the average price for vehicles with doors shows that Chevrolet Spark automobiles with the cheapest price have 5 doors. They are 18 % cheaper than the average price for this model priced at AED 13,786. Cars with the the highest price have 4 doors and are 6 % more expensive than the average mentioned before.