Chery Tiggo Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Chery Tiggo cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of ₱ 1,171,778. This price hardly went through any changes and remained at ₱ 1,156,571 during December. The following two months the selling price went through a strong reduction of -25 % compared to the previous two months studied. In the last two, the price has gone through a -15 % devaluation compared to the previous average values going down from ₱ 1,018,004 to ₱ 866,085 during March and April.
The average price for Chery Tiggo has had a strong rise in recent years. Between 2020 and 2023, the average price is ₱ 984,000. There was a significant inflation of the average price in 2020 (₱ 796,000) moving up till (₱ 1,044,667)in 2023.
The graph that displays the price for Chery Tiggo cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 13 % more affordable than the average price (₱ 864,625). Next with a price of ₱ 989,800 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 14% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₱ 753,200.