Hyundai Genesis 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 Genesis cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 634,413. November went through a strong inflation with a rise in the price till ₱ 837,575. During the following two months (December, January) the average selling price rose somewhat going from ₱ 735,994 to ₱ 818,243.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 777,118.75 to ₱ 787,694 during February and March.
The average price for Hyundai Genesis has had a strong rise in recent years. Between 2009 y 2011, the average price is ₱ 682,752.31. There was a price inflation going from (₱ 636,750) to (₱ 718,459). During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 21 %. During the last two years, prices in the car industry have gone through a strong rise of 53 % 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 (₱ 1,755,085.75) and the the last two years that have been analyzed (2014, 2021) with a price of ₱ 2,681,937.5.
The graph that displays the price for Hyundai Genesis 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 23 % more affordable than the average price (₱ 974,513). Next with a price of ₱ 794,750 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 14% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 795,219.
The graph showing the average price for the fuel type for Hyundai Genesis cars points out to "Diesel" as being the cheapest fuel type. It is 74 % less expensive than the average market price (₱ 974,513) followed by "Gasoline" priced at ₱ 1,224,000. On average the most expensive type of fuel is "Gasoline". It´s price is 26 % higher than the average market price followed by "Diesel" which costs ₱ 250,000.