Price for Jeep Grand Cherokee
Jeep Grand Cherokee Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Jeep Grand Cherokee cars has had a strong depreciation during the last 6 months we have studied. The average price for October is R 571 886. During November there was a slight reduction in the selling prices dropping till R 507 284. The following two months the selling price went through a strong reduction of -15 % compared to the previous two months studied. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from R 498 856 to R 453 415 during February and March.
The average price for Jeep Grand Cherokee has had a strong rise in recent years. Between 2001 and 2019, the average price is R 193 921,67. There was a significant inflation of the average price in 2001 (R 49 700) moving up till (R 515 735)in 2019. During the next two years (2020, 2022) the price for the aforementioned model has gone up strongly a 397 %. During the last two years, prices in the car industry have gone up 12 % 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 (R 1 090 514,25) and the the last two years that were studied (2023, 2024) with a price of R 1 216 665.
The graph that displays the price for Jeep Grand 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 78 % more affordable than the average price (R 444 303). Next with a price of R 239 667 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 146% more costly than the average market value followed by those vehicles with a mileage of "10 000 - 25 000" and a price of R 927 920.
The graph showing the average price for the fuel type for Jeep Grand Cherokee cars points out to "Diesel" as being the cheapest fuel type. It is 43 % less expensive than the average market price (R 444 303) followed by "Petrol" priced at R 643 623. On average the most expensive type of fuel is "Petrol". It´s price is 45 % higher than the average market price followed by "Diesel" which costs R 254 859.
