Perodua Kancil 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 Perodua Kancil cars have remained constant in the last 6 months. The average price in August was of RM 7,314. This price hardly went through any changes and remained at RM 7,142 during September. The average selling price has remained fairly constant during the following two months, going from RM 7,228 to RM 7,207. During the last couple of months, the average price has hardly changed, remaining the same going from RM 7,217.5 to RM 7,046.5 during December and January.
The average price for Perodua Kancil has gone through a significant depreciation in recent years. During the first sample analyzed ("before 2000" - 2004), the average selling price stood at RM 4,438.33. During this time, the price for "before 2000" which was RM 5,291 decreased to RM 4,574 during 2004. Cars belonging to the model aforementioned had a price deflation of -7 percent in the next two years (2005, 2006) compared to the previous two years. 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 (RM 4,494.25) and the the last two years that were studied (2007, 2008) with a price of RM 4,852.5.
The graph that displays the price for Perodua Kancil cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 50 % more affordable than the average price (RM 7,137). Next with a price of RM 3,957 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "100,000 - 200,000". It is 14% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at RM 4,345.