Hyundai 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 Starex cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 850,611. November went through a strong inflation with a rise in the price till ₱ 1,803,575. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 36 % from ₱ 1,327,093 to ₱ 1,802,575. In the last two, the price has gone through a -10 % devaluation compared to the previous average values going down from ₱ 1,564,834 to ₱ 1,403,006 during February and March.
The average price for Hyundai Starex has had a strong rise in recent years. Between "before 2000" and 2016, the average price is ₱ 469,220.22. There was a significant inflation of the average price in "before 2000" (₱ 181,319) moving up till (₱ 959,081)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 132 %. During the last two years, prices in the car industry have gone through a strong rise of 28 % 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 (₱ 1,523,165.5) and the the last two years that have been analyzed (2019, 2020) with a price of ₱ 1,956,535.5.
The graph that displays the price for Hyundai Starex cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 84 % more affordable than the average price (₱ 1,837,387). Next with a price of ₱ 567,361 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 20% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 1,221,138.
The graph showing the average price for the fuel type for Hyundai Starex cars points out to "Gasoline" as being the cheapest fuel type. It is 89 % less expensive than the average market price (₱ 1,837,387) followed by "Diesel" priced at ₱ 343,013. On average the cheapest type of fuel is "Diesel". It´s price is 81 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 203,654.