Toyota 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 Toyota cars has fallen during the last 6 months we have analyzed. The average price in December was of ₱ 6,497,100. This price hardly went through any changes and remained at ₱ 6,287,524 during January. The following two months (February, March) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 6,127,587.5 to ₱ 6,085,209.5 during April and May.
The average price for Toyota has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 895,463.19. There was a significant inflation of the average price in "before 2000" (₱ 645,900) moving up till (₱ 1,497,981)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 92 %. During the last two years, prices in the car industry have gone through a strong rise of 29 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₱ 2,410,622) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 3,103,396.5.
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 95 % more affordable than the average price (₱ 6,333,308). Next with a price of ₱ 799,425 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 1,664,440.
The graph showing the average price for the fuel type for Toyota cars points out to "Gas" as being the cheapest fuel type. It is 93 % less expensive than the average market price (₱ 6,333,308) followed by "Hybrid" priced at ₱ 1,370,125. On average the cheapest type of fuel is "Diesel". It´s price is 32 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 2,854,150.
The graph showing the average price for Toyota cars displays those with 4 doors as the cheapest ones. They are 91 % more affordable than the average price (₱ 6,333,308). These are followed by those with 3 doors with an average price of ₱ 684,000. Cars with the lowest price have 5 doors and are 86 % cheaper than the average previously displayed.