Hyundai Santa Fe 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 Santa Fe cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 717,486. November went through a strong inflation with a rise in the price till ₱ 1,347,838. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 29 % from ₱ 1,032,662 to ₱ 1,331,394. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from ₱ 1,182,028 to ₱ 1,052,062 during February and March.
The average price for Hyundai Santa Fe has had a strong rise in recent years. Between 2001 and 2016, the average price is ₱ 515,634.62. There was a significant inflation of the average price in 2001 (₱ 254,000) moving up till (₱ 1,058,563)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 70 %. During the last two years, prices in the car industry have gone through a strong rise of 36 % 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 (₱ 1,376,798) and the the last two years that have been analyzed (2019, 2020) with a price of ₱ 1,874,574.5.
The graph that displays the price for Hyundai Santa Fe 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 69 % more affordable than the average price (₱ 1,502,950). Next with a price of ₱ 843,325 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 18% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 1,016,793.
The graph showing the average price for the fuel type for Hyundai Santa Fe cars points out to "Gasoline" as being the cheapest fuel type. It is 86 % less expensive than the average market price (₱ 1,502,950) followed by "Diesel" priced at ₱ 304,125. On average the cheapest type of fuel is "Diesel". It´s price is 80 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 215,000.