Land Rover 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 cars has had a strong depreciation during the last 6 months we have studied. In January the price for a car is AED 272,864 increasing till AED 291,237 in February. The following two months the selling price went through a strong reduction of -17 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -31 % compared to the 4 previous average values going down from AED 258,329.5 to AED 178,035.
The average price for Land Rover has had a strong rise in recent years. Between 2005 and 2016, the average price is AED 62,934.42. There was a significant inflation of the average price in 2005 (AED 29,000) moving up till (AED 100,385)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 154 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of AED 162,194.25 in 2019 and AED 164,769.5 during 2020.
The graph that displays the price for Land Rover 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 89 % more affordable than the average price (AED 154,694). Next with a price of AED 37,200 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 10% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of AED 119,662.
The graph showing the average price for the fuel type for Land Rover cars points out to "Gasoline" as being the cheapest fuel type. It is 34 % less expensive than the average market price (AED 154,694) followed by "Diesel" priced at AED 228,509. On average the most expensive type of fuel is "Diesel". It´s price is 48 % higher than the average market price followed by "Gasoline" which costs AED 102,427.
The graph displaying the average price for vehicles with doors shows that Land Rover automobiles with the cheapest price have 4 doors. They are 55 % cheaper than the average price for this model priced at AED 69,129. Cars with the lowest price have 5 doors and are 52 % cheaper than the average previously displayed.