Proton Iswara 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 Iswara cars has had a strong depreciation during the last 6 months we have studied. The average price in June was of RM 13,044. This price hardly went through any changes and remained at RM 12,611 during July. The following two months the selling price went through a strong reduction of -46 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from RM 9,851 to RM 6,063.
The average price for Proton Iswara has had a strong rise in recent years. Between "before 2000" and 2004, the average price is RM 3,886.33. There was a significant inflation of the average price in "before 2000" (RM 3,466) moving up till (RM 4,346)in 2004. During the next two years (2005, 2006) the price for the aforementioned model has gone up strongly a 28 %. During the last two years, prices in the car industry have gone up 11 % 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 5,572.75) and the the last two years that were studied (2007, 2008) with a price of RM 6,162.
The graph that displays the price for Proton Iswara 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 37 % more affordable than the average price (RM 6,074). Next with a price of RM 4,513 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at RM 4,870.