MG 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 MG cars has fallen during the last 6 months we have analyzed. The average price in November was of R 67 208. This price hardly went through any changes and remained at R 64 840 during December. The following two months (January, February) the selling price went through a devaluation of -11 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 R 62 487,5 to R 59 628 during March and April.
The graph that displays the price for MG cars according to their mileage shows that those cars within a mileage range of "less than 10 000" are the ones with the lowest price. They are 14 % more affordable than the average price (R 60 371). Next with a price of R 52 004 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 173% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 84 500.