Suzuki Forenza 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 Forenza cars have increased during the last 6 months. During the first month analyzed in April the average price was ₱ 318,569. May went through a strong inflation with a rise in the price till ₱ 379,762. During the following two months (June, July) the average selling price rose somewhat going from ₱ 349,165.5 to ₱ 373,163. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from ₱ 361,164.25 to ₱ 330,748 during August and September.
The average price for Suzuki Forenza has had a strong rise in recent years. Between 2010 and 2011, the average price is ₱ 168,333.5. There was a significant inflation of the average price in 2010 (₱ 109,000) moving up till (₱ 227,667)in 2011. During the next two years (2015, 2017) the price for the aforementioned model has gone up strongly a 202 %. During the last two years, prices in the car industry have gone up 9 % 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 (₱ 559,054.25) and the the last two years that were studied (2018, 2019) with a price of ₱ 609,875.
The graph that displays the price for Suzuki Forenza 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 62 % more affordable than the average price (₱ 369,038). Next with a price of ₱ 328,000 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 38% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 468,571.