Land Rover Defender 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 Defender cars has had a strong depreciation during the last 6 months we have studied. The average price for September is AED 391,484. During October there was a slight reduction in the selling prices dropping till AED 338,831. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. The average price has risen 5 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (AED 346,591.5) during January and February.
The average price for Land Rover Defender has had a strong rise in recent years. During 2020 and 2020, the average price was AED 196,667. During this period, prices pretty much remained constant. During the next two years (2021, 2022) 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 17 % 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 (AED 338,655) and the the last two years that have been analyzed (2023, 2024) with a price of AED 395,460.
The graph that displays the price for Land Rover Defender cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 23 % more affordable than the average price (AED 340,698). Next with a price of AED 337,821 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of AED 366,857.
The graph showing the average price for Land Rover Defender cars displays those with 2 doors as the cheapest ones. They are 86 % more affordable than the average price (AED 340,698). These are followed by those with 3 doors with an average price of AED 332,000. Cars with the most expensive average price have 5 doors and are 19 % dearer than the average followed by those with 4 doors priced at AED 351,250.