Hyundai Grand Starex 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 Grand Starex cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 977,600. November went through a strong inflation with a rise in the price till ₱ 2,259,763. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 40 % from ₱ 1,618,681.5 to ₱ 2,259,888. In the last two months, the price has gone through a strong devaluation of -21 % compared to the 4 previous average values going down from ₱ 1,939,284.75 to ₱ 1,527,425.
The average price for Hyundai Grand Starex has had a strong rise in recent years. Between 2005 and 2016, the average price is ₱ 677,185.31. There was a significant inflation of the average price in 2005 (₱ 326,559) moving up till (₱ 993,707)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 64 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 (₱ 1,513,057.75) and the the last two years that have been analyzed (2019, 2020) with a price of ₱ 1,913,184.
The graph that displays the price for Hyundai Grand Starex 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 70 % more affordable than the average price (₱ 2,180,512). Next with a price of ₱ 699,200 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 1,254,737.
The graph showing the average price for the fuel type for Hyundai Grand Starex cars points out to "Gasoline" as being the cheapest fuel type. It is 88 % less expensive than the average market price (₱ 2,180,512) followed by "Diesel" priced at ₱ 317,493. On average the cheapest type of fuel is "Diesel". It´s price is 85 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 265,550.