Land Rover Discovery 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 Discovery cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $60,058. This price hardly went through any changes and remained at $61,434 during November. The following two months the selling price went through a strong reduction of -32 % compared to the previous two months studied. In the last two, the price has gone through a -13 % devaluation compared to the previous average values going down from $51,058.5 to $44,651.5 during February and March.
The average price for Land Rover Discovery has had a strong rise in recent years. Between 2005 and 2016, the average price is $26,679.89. There was a significant inflation of the average price in 2005 ($14,627) moving up till ($35,758)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 99 %. During the last two years, prices in the car industry have gone through a strong rise of 31 % 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 ($76,980) and the the last two years that have been analyzed (2019, 2023) with a price of $100,755.5.
The graph that displays the price for Land Rover Discovery 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 59 % more affordable than the average price ($45,538). Next with a price of $36,583 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 132% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $74,134.
The graph showing the average price for the fuel type for Land Rover Discovery cars points out to "Diesel" as being the cheapest fuel type. It is 14 % less expensive than the average market price ($45,538) followed by "Gasoline" priced at $72,162. On average the most expensive type of fuel is "Gasoline". It´s price is 58 % higher than the average market price followed by "Diesel" which costs $39,346.
The graph displaying the average price for vehicles with doors shows that Land Rover Discovery automobiles with the cheapest price have 4 doors. They are 24 % cheaper than the average price for this model priced at $34,673. Cars with the the highest price have 5 doors and are 13 % more expensive than the average mentioned before.