Land Rover Defender Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Land Rover Defender cars have increased during the last 6 months. During the first month analyzed in January the average price was R 386 876. February went through a strong inflation with a rise in the price till R 469 985. The average selling price has remained fairly constant during the following two months, going from R 428 430,5 to R 418 889. During the last couple of months, the average price has hardly changed, remaining the same going from R 423 659,75 to R 403 802,5 during May and June.
The average price for Land Rover Defender has had a strong rise in recent years. Between "before 2000" and 2012, the average price is R 248 921,42. There was a significant inflation of the average price in "before 2000" (R 146 119) moving up till (R 421 734)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 107 %. During the last two years, prices in the car industry have gone up 8 % 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 561 659,5) and the the last two years that were studied (2015, 2016) with a price of R 608 997.
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 70 % more affordable than the average price (R 401 868). Next with a price of R 186 571 and a mileage range of "more than 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 47% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 508 255.