Jeep Cherokee Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Jeep Cherokee cars have increased during the last 6 months. In October the price for a car is R 229 143 increasing till R 244 373 in November. The average selling price has remained fairly constant during the following two months, going from R 236 758 to R 243 387. During the last couple of months, the average price has hardly changed, remaining the same going from R 240 072,5 to R 246 907 during February and March.
The average price for Jeep Cherokee has had a strong rise in recent years. Between "before 2000" and 2016, the average price is R 105 163,66. There was a significant inflation of the average price in "before 2000" (R 66 767) moving up till (R 199 088)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 112 %. During the last two years, prices in the car industry have gone through a strong rise of 22 % 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 (R 287 701,25) and the the last two years that have been analyzed (2019, 2020) with a price of R 352 238,5.
The graph that displays the price for Jeep Cherokee 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 77 % more affordable than the average price (R 253 878). Next with a price of R 98 576 and a mileage range of "less than 10 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 66% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 284 352.
The graph showing the average price for the fuel type for Jeep Cherokee cars points out to "Diesel" as being the cheapest fuel type. It is 51 % less expensive than the average market price (R 253 878) followed by "Petrol" priced at R 220 478. On average the cheapest type of fuel is "Petrol". It´s price is 13 % more affordable than the average market value followed by "Diesel" with a price of R 123 579.