Suzuki APV 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 Suzuki APV cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is ₱ 430,395. During March the price went trough a strong deflation till ₱ 342,014. The following two months (April, May) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 375,542.25 to ₱ 378,677 during June and July.
The average price for Suzuki APV has remained constant in recent years. Between 2005 and 2013, the average price is ₱ 337,355.12. There was a significant inflation of the average price in 2005 (₱ 383,250) moving up till (₱ 578,571)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 26 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % 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 (₱ 507,705.5) and the the last two years that have been analyzed (2017, 2019) with a price of ₱ 591,375.
The graph that displays the price for Suzuki APV 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 31 % more affordable than the average price (₱ 392,904). Next with a price of ₱ 323,381 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 13% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 390,078.
The graph showing the average price for the fuel type for Suzuki APV cars points out to "Diesel" as being the cheapest fuel type. It is 48 % less expensive than the average market price (₱ 392,904) followed by "Gasoline" priced at ₱ 366,505. On average the cheapest type of fuel is "Gasoline". It´s price is 7 % more affordable than the average market value followed by "Diesel" with a price of ₱ 203,750.