Chevrolet Tahoe 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 Tahoe cars has had a strong depreciation during the last 6 months we have studied. The average price in December was of AED 80,122. This price hardly went through any changes and remained at AED 78,006 during January. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from AED 67,145.75 to AED 65,905 during April and May.
The average price for Chevrolet Tahoe has had a strong rise in recent years. Between 2007 and 2015, the average price is AED 47,964.78. There was a significant inflation of the average price in 2007 (AED 24,000) moving up till (AED 117,625)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 168 %. During the last two years, prices in the car industry have gone through a strong rise of 15 % 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 (AED 151,275) and the the last two years that have been analyzed (2018, 2019) with a price of AED 174,150.
The graph that displays the price for Chevrolet Tahoe 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 65 % more affordable than the average price (AED 73,207). Next with a price of AED 39,847 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 96% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of AED 129,727.
The graph displaying the average price for vehicles with doors shows that Chevrolet Tahoe automobiles with the cheapest price have 5 doors. They are 19 % cheaper than the average price for this model priced at AED 59,018. Cars with the the highest price have 4 doors and are 35 % more expensive than the average mentioned before.