Jeep 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 Jeep cars have remained constant in the last 6 months. The average price in October was of RM 325,368. This price hardly went through any changes and remained at RM 336,918 during November. The average selling price has remained fairly constant during the following two months, going from RM 331,143 to RM 326,931.5. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from RM 329,037.25 to RM 308,729.5 during February and March.
The average price for Jeep has had a strong rise in recent years. Between "before 2000" and 2017, the average price is RM 154,795.33. There was a significant inflation of the average price in "before 2000" (RM 63,747) moving up till (RM 199,486)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 76 %. During the last two years, prices in the car industry have gone up 6 % 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 (RM 290,022) and the the last two years that were studied (2020, 2021) with a price of RM 307,957.5.
The graph that displays the price for Jeep 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 63 % more affordable than the average price (RM 307,704). Next with a price of RM 167,562 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at RM 296,642.