Isuzu Giga 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 Isuzu Giga cars have gone through a strong rise during the last 6 months. During the first month analyzed in August the average price was ₱ 722,361. September went through a strong inflation with a rise in the price till ₱ 1,035,299. During the following two months (October, November) the average selling price experienced a noticeable rise, going up 23 % from ₱ 878,830 to ₱ 1,083,178.5. The average price has risen 13 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 1,107,180) during December and January.
The average price for Isuzu Giga has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2010, the average price was ₱ 807,206.38. Please take note of of the significant depreciation in the prices between "before 2000" (₱ 1,362,143) and 2010 (₱ 548,889). During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 114 %. During the last two years, the car industry has had a strong deflation in its selling prices of -35 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 1,279,777.75) and the the last two years (2014, 2017) with a price of ₱ 833,222.
The graph that shows the price for Isuzu Giga cars according to their mileage indicates that those vehicles within a mileage range of "less than 10,000" are the most expensive ones. They are 1 % more costly than the average market price (₱ 1,093,990). Next with a price of ₱ 1,176,250 and a mileage range of "50,000 - 100,000" we will see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 8% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 1,102,928.