Hyundai Eon 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 Hyundai Eon cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 258,303. November went through a strong inflation with a rise in the price till ₱ 354,150. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 16 % from ₱ 306,226.5 to ₱ 356,331. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 331,278.75 to ₱ 328,611 during February and March.
The average price for Hyundai Eon has had a strong rise in recent years. Between 2012 y 2015, the average price is ₱ 235,728.25. There was a price inflation going from (₱ 226,988) to (₱ 248,715). During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 16 %. During the last two years, prices in the car industry have gone up 14 % 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 (₱ 315,857) and the the last two years that were studied (2018, 2019) with a price of ₱ 359,384.
The graph that displays the price for Hyundai Eon cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 42 % more affordable than the average price (₱ 381,669). Next with a price of ₱ 242,442 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 302,872.
The graph showing the average price for the fuel type for Hyundai Eon cars points out to "Diesel" as being the cheapest fuel type. It is 55 % less expensive than the average market price (₱ 381,669) followed by "Gasoline" priced at ₱ 285,400. On average the cheapest type of fuel is "Gasoline". It´s price is 25 % more affordable than the average market value followed by "Diesel" with a price of ₱ 171,900.