Jeep Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Jeep cars have increased during the last 6 months. In October the price for a car is $97,501 increasing till $104,015 in November. The average selling price has remained fairly constant during the following two months, going from $100,758 to $102,881. During the last couple of months, the average price has hardly changed, remaining the same going from $101,819.5 to $103,637.5 during February and March.
The average price for Jeep has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $23,351.83. There was a significant inflation of the average price in "before 2000" ($14,426) moving up till ($47,560)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 187 %. During the last two years, prices in the car industry have gone up 9 % 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 ($73,493) and the the last two years that were studied (2019, 2020) with a price of $79,927.5.
The graph that displays the price for Jeep 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 ($101,528). Next with a price of $28,933 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $62,696.
The graph showing the average price for the fuel type for Jeep cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 84 % less expensive than the average market price ($101,528) followed by "Gas" priced at $31,811. On average the cheapest type of fuel is "Gasoline". It´s price is 22 % more affordable than the average market value followed by "Flexible" with a price of $33,828.
The graph showing the average price for Jeep cars displays those with 5 doors as the cheapest ones. They are 78 % more affordable than the average price ($101,528). These are followed by those with 2 doors with an average price of $45,530. Cars with the lowest price have 4 doors and are 24 % cheaper than the average previously displayed.