Toyota 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 Toyota cars have gone through a strong rise during the last 6 months. In January the average price per vehicle is ₱ 5,779,750. During February the price went trough a strong deflation till ₱ 4,572,550. The average selling price has remained fairly constant during the following two months, going from ₱ 5,176,150 to ₱ 5,245,179.5. The average price has had spectacular rise of 217 % with an average price of ₱ 5,210,665 during the previous 4 months and ₱ 16,505,030 during the most recent months in May and June.
The average price for Toyota has had a strong rise in recent years. Between "before 2000" and 2016, the average price is ₱ 818,514.31. There was a significant inflation of the average price in "before 2000" (₱ 393,281) moving up till (₱ 1,576,250)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 151 %. 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 (₱ 2,314,845.25) and the the last two years that were studied (2019, 2020) with a price of ₱ 2,576,671.5.
The graph that displays the price for Toyota cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 97 % more affordable than the average price (₱ 26,992,852). Next with a price of ₱ 851,800 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 61% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₱ 6,920,285.
The graph showing the average price for the fuel type for Toyota cars points out to "Hybrid" as being the cheapest fuel type. It is 99 % less expensive than the average market price (₱ 26,992,852) followed by "Gas" priced at ₱ 692,033. On average the cheapest type of fuel is "Diesel". It´s price is 49 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 9,643,913.
The graph displaying the average price for vehicles with doors shows that Toyota automobiles with the cheapest price have 4 doors. They are 99 % cheaper than the average price for this model priced at ₱ 295,200. Cars with the lowest price have 5 doors and are 98 % cheaper than the average previously displayed.