Jeep Grand Cherokee Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Jeep Grand Cherokee cars have remained constant in the last 6 months. The average price in November was of $89,060. This price hardly went through any changes and remained at $85,416 during December. The average selling price has remained fairly constant during the following two months, going from $87,238 to $85,811.5. 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 ($91,188.5) during March and April.
The average price for Jeep Grand Cherokee has had a strong rise in recent years. Between "before 2000" and 2017, the average price is $17,175.74. There was a significant inflation of the average price in "before 2000" ($4,004) moving up till ($53,291)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 349 %. During the last two years, prices in the car industry have experienced a depreciation of -8 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($71,401.75) and the the last two years analyzed (2020, 2021) with a price of $65,637.5.
The graph that displays the price for Jeep Grand Cherokee 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 94 % more affordable than the average price ($91,929). Next with a price of $27,815 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 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $69,525.
The graph showing the average price for the fuel type for Jeep Grand Cherokee cars points out to "Flexible Fuel" as being the cheapest fuel type. It is 85 % less expensive than the average market price ($91,929) followed by "Flexible" priced at $22,542. On average the cheapest type of fuel is "Gas". It´s price is 11 % more affordable than the average market value followed by "Gasoline" with a price of $44,120.