Land Rover Range Rover Sport 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 Land Rover Range Rover Sport cars have gone through a strong rise during the last 6 months. In October the price for a car is KSh 5,070,075 increasing till KSh 5,333,084 in November. During the following two months (December, January) the average selling price rose somewhat going from KSh 5,201,579.5 to KSh 5,714,888. The average price has had spectacular rise of 30 % with an average price of KSh 5,458,234 during the previous 4 months and KSh 7,098,270.5 during the most recent months in February and March.
The average price for Land Rover Range Rover Sport has had a strong rise in recent years. Between 2005 and 2012, the average price is KSh 3,029,017.75. There was a significant inflation of the average price in 2005 (KSh 2,500,000) moving up till (KSh 4,550,000)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 228 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % 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 (KSh 12,171,150) and the the last two years that have been analyzed (2019, 2020) with a price of KSh 14,406,156.
The graph that displays the price for Land Rover Range Rover Sport 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 41 % more affordable than the average price (KSh 7,517,134). Next with a price of KSh 5,284,375 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 36% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of KSh 9,543,712.