Suzuki Celerio Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Suzuki Celerio cars has fallen during the last 6 months we have analyzed. The average price in October was of ₱ 403,088. This price hardly went through any changes and remained at ₱ 398,925 during November. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 368,586.75 to ₱ 371,939 during February and March.
The average price for Suzuki Celerio has had a strong rise in recent years. Between 2010 and 2017, the average price is ₱ 297,368.28. There was a significant inflation of the average price in 2010 (₱ 247,250) moving up till (₱ 357,875)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 26 %. During the last two years, prices in the car industry have gone up 11 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 418,242) and the the last two years that were studied (2020, 2021) with a price of ₱ 462,667.
The graph that displays the price for Suzuki Celerio cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 40 % more affordable than the average price (₱ 424,038). Next with a price of ₱ 256,889 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 13% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₱ 366,388.