Mazda MX-5 Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Mazda MX-5 cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of ₱ 1,588,533. This price hardly went through any changes and remained at ₱ 1,611,240 during October. The following two months (November, December) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -33 % compared to the 4 previous average values going down from ₱ 1,536,278.5 to ₱ 1,031,700.