Hyundai Grand Starex 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 Hyundai Grand Starex cars has had a strong depreciation during the last 6 months we have studied. The average price for November is ₱ 830,875. During December there was a slight reduction in the selling prices dropping till ₱ 710,650. The following two months (January, February) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from ₱ 727,111.75 to ₱ 597,796.5.
The average price for Hyundai Grand Starex has had a strong rise in recent years. Between 2008 and 2013, the average price is ₱ 375,485. There was a significant inflation of the average price in 2008 (₱ 244,900) moving up till (₱ 527,571)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 96 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 701,312.5 in 2016 and ₱ 667,375 during 2017.
The graph that displays the price for Hyundai Grand Starex cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 21 % more affordable than the average price (₱ 536,434). Next with a price of ₱ 496,000 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 93% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 581,250.
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 45 % less expensive than the average market price (₱ 536,434) followed by "Diesel" priced at ₱ 348,768. On average the cheapest type of fuel is "Diesel". It´s price is 35 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 297,500.