Suzuki Celerio Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Suzuki Celerio cars have remained constant in the last 6 months. The average price in June was of ₱ 367,563. This price hardly went through any changes and remained at ₱ 369,806 during July. The average selling price has remained fairly constant during the following two months, going from ₱ 368,684.5 to ₱ 360,465.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 364,575 to ₱ 360,743.5 during October and November.
The average price for Suzuki Celerio has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2013 to 2016, the average price was ₱ 422,516.5. Please take note of of the significant depreciation in the prices between 2013 (₱ 536,833) and 2016 (₱ 308,200). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -27 % compared to the previous period. During the last two years, prices in the car industry have gone up 6 % 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 (₱ 328,225) and the the last two years that were studied (2019, 2020) with a price of ₱ 349,416.5.
The graph that displays the price for Suzuki Celerio 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 17 % more affordable than the average price (₱ 358,314). Next with a price of ₱ 321,907 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 16% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 394,500.