Jeep Grand in Singapore

Jeep Grand for sale in Singapore (Singapore)

Are you currently in the market to buy (or sell) a Jeep Grand in Singapore? Vehiclus studied the local used automotive market of all cities in Singapore to establish a pricing profile of various Jeep models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your Grand (or to make sure to not overpay when purchasing a Jeep Grand) it is of value to learn all price-establishing variables.

Supply and Demand of Jeep Grand on the local auto market

Singapore is a city with a current population of 3547809 people. Nevertheless, it is hard to find more than five Jeep Grand on the used car market there. That's why the supply is not high and the demand depends on a multitude of factors e.g. brand reputation, mileage, and reliability.

Price Devaluation Curve of the Grand in Singapore

As described in the figure below, cars of the manufacturer Jeep and specially of their model Grand depreciate in a very standard manner. The average asking price of the Grand will be decreased by 14% ($49,105) after only 1 year. After three years, the car typically is valued at 64% of its initial asking price ($34,798) while it will only be worth 27% of the MSRP after 7 years ($16,340). The Grand's value after twelve years is only 11% of its initial price depending on its condition of course.


Depreciation according to vehicle mileage

Another way to quantify vehicle depreciation is to study the decrease of value vs kilometers driven. The Jeep Grand depreciation curve below shows this phenomenon for the city of Singapore. The Grand looses most of its resell price (approximately 50%) within the first 30,000km driven. The mean price for a Grand at that usage level is approximately $31,604. After that the devaluation slows down: at 90k kilometers the Jeep Grand is priced for $17,862 in Singapore and for $9,566 at 180,000km driven.

Jeep Grand price depending on condition (fair, good, excellent)

The last value that significantly determines the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Jeep Grand according to its year and its condition.

Vehicle Year Jeep Grand Condition
fair good excellent
2017$55,719$55,864$56,008
2016$49,000$49,126$49,253
2015$42,757$42,867$42,978
2014$36,990$37,086$37,181
2013$31,700$31,782$31,864
2012$26,886$26,956$27,026
2011$22,550$22,608$22,666
2010$18,689$18,738$18,786
2009$15,306$15,345$15,385
2008$12,399$12,431$12,463
2007$9,968$9,994$10,020
2006$8,014$8,035$8,056
2005$6,537$6,554$6,571
2004$5,536$5,550$5,565
2003$5,012$5,025$5,038
2002$4,964$4,977$4,990

Enter vehicle make, model and city of interest:


Opel
Insignia
starting at
$11,762
in Kampung Baru Subang (MY)
Renault
Kangoo
starting at
$9,823
in Khanpur (PK)
Daihatsu
Materia
starting at
$6,126
in Gao (ML)
Jeep Grand variations:
GRAND CHEROKEE
GRAND CHEROKEE 5.7L BVA5
GRAND CHEROKEE 6.1L SRT8
GRAND CHEROKEE 3.1L TD
GRAND CHEROKEE 3.0L CRD
GRAND CHEROKEE 4.7L
GRAND CHEROKEE 4.7L HO
GRAND CHEROKEE 5.7L
GRAND CHEROKEE CRD
GRAND CHEROKEE 4.0L
GRAND CHEROKEE 2.7L CRD
GRAND CHEROKEE SRT8
GRAND CHEROKEE 3.0L CRD FAP