Mini Countryman 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 Mini Countryman cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is R 332 976. During July the price went trough a strong deflation till R 244 131. The following two months (August, September) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from R 277 418 to R 217 346,5.
The average price for Mini Countryman has had a strong rise in recent years. Between 2011 and 2017, the average price is R 160 257. There was a significant inflation of the average price in 2011 (R 96 471) moving up till (R 303 438)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 77 %. During the last two years, prices in the car industry have gone through a strong rise of 33 % 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 426 242) and the the last two years that have been analyzed (2020, 2024) with a price of R 568 798.
The graph that displays the price for Mini Countryman 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 46 % more affordable than the average price (R 215 392). Next with a price of R 137 147 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 93% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 320 695.