Proton Saga Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Proton Saga cars have gone through a strong rise during the last 6 months. The average price in November was of RM 40,827. This price hardly went through any changes and remained at RM 40,506 during December. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 34 % from RM 40,666.5 to RM 54,502. During the last couple of months, the average price has hardly changed, remaining the same going from RM 47,584.25 to RM 48,756.5 during March and April.
The average price for Proton Saga has had a strong rise in recent years. Between "before 2000" and 2018, the average price is RM 13,469.17. There was a significant inflation of the average price in "before 2000" (RM 4,377) moving up till (RM 26,775)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 133 %. 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 33,512.25) and the the last two years that were studied (2021, 2022) with a price of RM 35,636.5.
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 81 % more affordable than the average price (RM 41,111). Next with a price of RM 20,241 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 1% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at RM 27,022.