Proton Saga 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 Saga cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of RM 24,425. This price hardly went through any changes and remained at RM 25,132 during October. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -32 % compared to the 4 previous average values going down from RM 22,378.25 to RM 15,293.
The average price for Proton Saga has had a strong rise in recent years. Between "before 2000" and 2013, the average price is RM 13,763. There was a significant inflation of the average price in "before 2000" (RM 3,500) moving up till (RM 21,152)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 67 %. During the last two years, prices in the car industry have gone through a strong rise of 24 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (RM 30,382.25) and the the last two years that have been analyzed (2016, 2017) with a price of RM 37,715.5.
The graph that displays the price for Proton Saga 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 75 % more affordable than the average price (RM 15,393). Next with a price of RM 9,606 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 43% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of RM 17,774.