Suzuki Alto Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Suzuki Alto cars have increased during the last 6 months. The average price in July was of ₱ 228,459. This price hardly went through any changes and remained at ₱ 238,825 during August. The following two months (September, October) the selling price went through a devaluation of -10 percent in the average selling price compared to the previous two months analyzed. The average price has had spectacular rise of 28 % with an average price of ₱ 222,535.5 during the previous 4 months and ₱ 284,656.5 during the most recent months in November and December.
The average price for Suzuki Alto has had a strong rise in recent years. Between 2007 and 2013, the average price is ₱ 256,375. There was a significant inflation of the average price in 2007 (₱ 152,500) moving up till (₱ 360,250)in 2013. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 21 %. During the last two years, prices in the car industry have experienced a depreciation of -7 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₱ 291,111) and the the last two years analyzed (2018, 2019) with a price of ₱ 271,000.
The graph that displays the price for Suzuki Alto cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 46 % more affordable than the average price (₱ 283,438). Next with a price of ₱ 219,333 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 10% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 219,333.
The graph showing the average price for the fuel type for Suzuki Alto cars points out to "Diesel" as being the cheapest fuel type. It is 51 % less expensive than the average market price (₱ 283,438) followed by "Gasoline" priced at ₱ 302,429. On average the most expensive type of fuel is "Gasoline". It´s price is 7 % higher than the average market price followed by "Diesel" which costs ₱ 138,750.