Suzuki Celerio 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 Celerio cars has had a strong depreciation during the last 6 months we have studied. The average price for August is ₱ 419,560. During September there was a slight reduction in the selling prices dropping till ₱ 387,575. The following two months (October, November) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from ₱ 380,305 to ₱ 327,430 during December and January.
The average price for Suzuki Celerio has remained constant in recent years. During the first sample analyzed (2010 - 2014), the average selling price stood at ₱ 253,958.41. During this time, the price for 2010 which was ₱ 311,125 decreased to ₱ 284,000 during 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 40 %. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 397,134) and the the last two years that were studied (2017, 2018) with a price of ₱ 438,330.5.
The graph that displays the price for Suzuki Celerio cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 24 % more affordable than the average price (₱ 329,899). Next with a price of ₱ 269,125 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 10% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 350,010.
The graph showing the average price for the fuel type for Suzuki Celerio cars points out to "Diesel" as being the cheapest fuel type. It is 44 % less expensive than the average market price (₱ 329,899) followed by "Gasoline" priced at ₱ 348,766. On average the most expensive type of fuel is "Gas". It´s price is 7 % higher than the average market price followed by "Gasoline" which costs ₱ 348,766.