Proton Gen-2 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 Proton Gen-2 cars has had a strong depreciation during the last 6 months we have studied. The average price for February is RM 32,594. During March there was a slight reduction in the selling prices dropping till RM 29,438. The following two months the selling price went through a strong reduction of -65 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -43 % compared to the 4 previous average values going down from RM 20,925.5 to RM 11,839.
The average price for Proton Gen-2 has had a strong rise in recent years. Between 2004 y 2007, the average price is RM 8,543.25. There was a price inflation going from (RM 8,150) to (RM 8,892). During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 23 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of RM 10,933.25 in 2010 and RM 11,376.5 during 2011.
The graph that displays the price for Proton Gen-2 cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 32 % more affordable than the average price (RM 12,342). Next with a price of RM 8,430 and a mileage range of "more than 200,000" 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 "less than 10,000" priced at RM 9,991.