Land Rover Defender 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 Land Rover Defender cars has fallen during the last 6 months we have analyzed. In October the average price per vehicle is R 479 994. During November the price went trough a strong deflation till R 396 160. The average selling price has remained fairly constant during the following two months, going from R 438 077 to R 441 938. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (R 485 378) during February and March.
The average price for Land Rover Defender has had a strong rise in recent years. During "before 2000" and 2017, the average price was R 277 696,56. During this period, prices pretty much remained constant. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 196 %. During the last two years, prices in the car industry have experienced a depreciation of -9 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (R 755 952,5) and the the last two years analyzed (2022, 2023) with a price of R 689 624,5.
The graph that displays the price for Land Rover Defender 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 62 % more affordable than the average price (R 457 801). Next with a price of R 285 310 and a mileage range of "more than 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 270% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 1 393 721.
The graph displaying the average price for vehicles with doors shows that Land Rover Defender automobiles with the cheapest price have 4 doors. They are 30 % cheaper than the average price for this model priced at R 318 995. Cars with the the highest price have 5 doors and are 215 % more expensive than the average mentioned before.