Jeep Grand Cherokee Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Jeep Grand Cherokee cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was $41,461. November went through a strong inflation with a rise in the price till $55,934. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 40 % from $48,697.5 to $68,099.5. During the last couple of months, the average price has hardly changed, remaining the same going from $58,398.5 to $60,992 during February and March.
The graph that displays the price for Jeep Grand Cherokee cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 48 % more affordable than the average price ($49,993). Next with a price of $42,493 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 15% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $25,999.