Proton X70 Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Proton X70 cars have increased during the last 6 months. In June the price for a car is RM 112,385 increasing till RM 121,480 in July. During the following two months (August, September) the average selling price rose somewhat going from RM 116,932.5 to RM 123,133. During the last couple of months, the average price has hardly changed, remaining the same going from RM 120,032.75 to RM 124,116 during October and November.
The average price for Proton X70 has had a strong rise in recent years. During 2018 and 2018, the average price was RM 82,026. During this period, prices pretty much remained constant. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 19 %. 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 103,981.25) and the the last two years that were studied (2021, 2022) with a price of RM 110,685.
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 123,842). Next with a price of RM 90,681 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 0% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at RM 96,169.