DETROIT - DaimlerChrysler Corp. has raised Jeep prices for the third time in the 1999 model year.
The latest increase amounts to $93 on a sales-weighted basis. Coupled with hikes of $31 at introduction time and $99 in October, the average price of a Jeep is $223 higher than at the end of the 1998 model year, according to an Automotive News analysis.
The January price hike was $65 to $165 on the Wrangler, $65 to $100 on the Cherokee and $100 on the Grand Cherokee.
When applied to the entire DaimlerChrysler Corp. lineup (Chrysler-Dodge-Plymouth-Jeep), the January hike added $17 to the average price of a car or light truck, Automotive News finds.
Since the end of the 1998 model year, DaimlerChrysler Corp. prices have risen an average of $133, or 0.6 percent, according to Automotive News.