Land Rover discovery 4 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 discovery 4 cars has fallen during the last 6 months we have analyzed. The average price in January was of R 399 524. This price hardly went through any changes and remained at R 391 626 during February. The following two months (March, April) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from R 376 925,75 to R 334 134,5 during May and June.
The average price for Land Rover discovery 4 has had a strong rise in recent years. Between 2010 and 2012, the average price is R 253 536,33. There was a significant inflation of the average price in 2010 (R 219 348) moving up till (R 269 916)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 43 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 453 731) and the the last two years that have been analyzed (2015, 2016) with a price of R 544 828,5.
The graph that displays the price for Land Rover discovery 4 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 34 % more affordable than the average price (R 340 969). Next with a price of R 302 069 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "50 000 - 100 000". It is 57% more costly than the average market value followed by those vehicles with a mileage of "100 000 - 200 000" and a price of R 302 069.