Hyundai Tucson 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 Tucson cars have gone through a strong rise during the last 6 months. In September the price for a car is ₱ 780,236 increasing till ₱ 819,287 in October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 91 % from ₱ 799,761.5 to ₱ 1,530,938. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 1,165,349.75 to ₱ 1,118,863 during January and February.
The average price for Hyundai Tucson has had a strong rise in recent years. Between 2006 and 2016, the average price is ₱ 381,408.72. There was a significant inflation of the average price in 2006 (₱ 196,667) moving up till (₱ 639,886)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 75 %. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 743,733.75) and the the last two years that were studied (2019, 2020) with a price of ₱ 820,656.5.
The graph that displays the price for Hyundai Tucson 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 45 % more affordable than the average price (₱ 737,988). Next with a price of ₱ 453,650 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 643,286.
The graph showing the average price for the fuel type for Hyundai Tucson cars points out to "Gasoline" as being the cheapest fuel type. It is 56 % less expensive than the average market price (₱ 737,988) followed by "Diesel" priced at ₱ 349,931. On average the cheapest type of fuel is "Diesel". It´s price is 53 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 323,078.