To estimate the price of the 2017 Jeep Renegade 2.4L i4 Sport FWD (Base), I first looked at the selling prices of similar cars. The 2018 Jeep Renegade 2.4L i4 Sport FWD (Base) with 54000 miles sold for AED 30500 in May 2024. Given that the target car is a year older but has slightly lower mileage, I adjusted the price downwards. The 2019 Jeep Renegade 2.4L I4 Latitude 4X4 sold for AED 33500 in September 2023, but this is a higher trim and newer model, so it is less relevant. Next, I considered the listed prices. The 2017 Jeep Renegade 2.4L i4 Sport FWD (Base) with the same mileage is listed for AED 24500, which is a good reference point. Other listings include a 2018 model for AED 29000 and a 2019 model for AED 22500, but these are either newer or different trims. Based on these data points, I estimated the market price by averaging the relevant selling and listing prices, giving more weight to the actual selling price of the 2018 model.