Suzuki Ertiga Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Suzuki Ertiga cars has fallen during the last 6 months we have analyzed. The average price in November was of ₱ 555,386. This price hardly went through any changes and remained at ₱ 543,250 during December. The average selling price has remained fairly constant during the following two months, going from ₱ 549,318 to ₱ 529,480. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 539,399 to ₱ 515,397 during March and April.
The average price for Suzuki Ertiga has had a strong rise in recent years. During 2015 and 2015, the average price was ₱ 368,750. During this period, prices pretty much remained constant. During the next two years (2016, 2018) the price for the aforementioned model has gone up strongly a 50 %. During the last two years, prices in the car industry have gone up 12 % 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 (₱ 631,500) and the the last two years that were studied (2019, 2020) with a price of ₱ 709,000.
The graph that displays the price for Suzuki Ertiga cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 6 % more affordable than the average price (₱ 501,970). Next with a price of ₱ 498,500 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 "25,000 - 50,000" and a price of ₱ 498,500.