Proton X70 Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Proton X70 cars has fallen during the last 6 months we have analyzed. The average price in November was of RM 108,337. This price hardly went through any changes and remained at RM 104,337 during December. The following two months (January, February) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from RM 103,014.25 to RM 98,946 during March and April.
The average price for Proton X70 has had a strong rise in recent years. Between 2018 and 2020, the average price is RM 68,731.34. There was a significant inflation of the average price in 2018 (RM 59,837) moving up till (RM 76,387)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 21 %. 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 90,281) and the the last two years that were studied (2023, 2024) with a price of RM 97,246.5.
The graph that displays the price for Proton X70 cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 35 % more affordable than the average price (RM 99,045). Next with a price of RM 78,006 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at RM 82,161.