Jeep Liberty 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 Jeep Liberty cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is $20,781. During March the price went trough a strong deflation till $15,562. The following two months (April, May) the selling price went through a devaluation of -13 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from $16,957.25 to $15,763.5 during June and July.
The average price for Jeep Liberty has had a strong rise in recent years. Between 2001 and 2011, the average price is $7,146.64. There was a significant inflation of the average price in 2001 ($4,067) moving up till ($11,425)in 2011. During the next two years (2012, 2015) the price for the aforementioned model has gone up strongly a 175 %. During the last two years, prices in the car industry have gone up 13 % 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 ($22,474) and the the last two years that were studied (2016, 2017) with a price of $25,291.5.
The graph that displays the price for Jeep Liberty 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 75 % more affordable than the average price ($15,807). Next with a price of $10,693 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 24% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $13,541.
The graph showing the average price for the fuel type for Jeep Liberty cars points out to "Gas" as being the cheapest fuel type. It is 25 % less expensive than the average market price ($15,807) followed by "Diesel" priced at $11,931. On average the cheapest type of fuel is "Gasoline". It´s price is 24 % more affordable than the average market value followed by "Diesel" with a price of $11,931.