Chevrolet Spark Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Chevrolet Spark cars have remained constant in the last 6 months. The average price in June was of R 125 552. This price hardly went through any changes and remained at R 126 838 during July. The following two months (August, September) the selling price went through a devaluation of -6 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 R 122 114,25 to R 118 516 during October and November.
The average price for Chevrolet Spark has had a strong rise in recent years. Between 2005 and 2014, the average price is R 58 956,6. There was a significant inflation of the average price in 2005 (R 35 710) moving up till (R 93 436)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 72 %. During the last two years, prices in the car industry have gone up 8 % 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 (R 109 747,25) and the the last two years that were studied (2017, 2018) with a price of R 118 003,5.
The graph that displays the price for Chevrolet Spark 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 59 % more affordable than the average price (R 120 643). Next with a price of R 71 574 and a mileage range of "less than 10 000" we would see the following vehicles. The mileage range for the most affordable cars is "25 000 - 50 000". It is 7% less expensive than the average market value followed by those cars with a mileage of "50 000 - 100 000" priced at R 110 443.