Isuzu Giga Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Isuzu Giga cars has fallen during the last 6 months we have analyzed. The average price in December was of ₱ 1,120,370. This price hardly went through any changes and remained at ₱ 1,093,990 during January. The average selling price has remained fairly constant during the following two months, going from ₱ 1,107,180 to ₱ 1,090,725.5. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from ₱ 1,098,952.75 to ₱ 999,740 during April and May.
The average price for Isuzu Giga has remained constant in recent years. During the first sample analyzed, going from "before 2000" to 2009, the average price was ₱ 749,700. Please take note of of the significant depreciation in the prices between "before 2000" (₱ 1,068,667) and 2009 (₱ 660,000). During the next two years (2010, 2012) the price for the aforementioned model has gone up strongly a 75 %. During the last two years, prices in the car industry have gone through a strong rise of 24 % 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 (₱ 1,733,750) and the the last two years that have been analyzed (2013, 2016) with a price of ₱ 2,157,500.