Land Rover Freelander 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 Land Rover Freelander cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is R 173 196. During March the price went trough a strong deflation till R 134 269. The following two months (April, May) the selling price went through a devaluation of -10 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 146 148,25 to R 145 877 during June and July.
The average price for Land Rover Freelander has had a strong rise in recent years. Between 2001 and 2010, the average price is R 80 260. There was a significant inflation of the average price in 2001 (R 35 725) moving up till (R 135 822)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 103 %. During the last two years, prices in the car industry have gone up 15 % 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 191 441,25) and the the last two years that were studied (2013, 2014) with a price of R 219 661.
The graph that displays the price for Land Rover Freelander 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 61 % more affordable than the average price (R 148 468). Next with a price of R 89 033 and a mileage range of "more than 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "50 000 - 100 000". It is 72% more costly than the average market value followed by those vehicles with a mileage of "100 000 - 200 000" and a price of R 154 745.
The graph showing the average price for the fuel type for Land Rover Freelander cars marks "Diesel" as the most costly fuel type. It is 13 % more expensive than the average market price (R 148 468) followed by "Petrol" priced at R 182 561. On average the most expensive type of fuel is "Petrol". It´s price is 23 % higher than the average market price followed by "Diesel" which costs R 167 616.