Suzuki Grand Vitara Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Suzuki Grand Vitara cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 352,476. November went through a strong inflation with a rise in the price till ₱ 411,917. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 22 % from ₱ 382,196.5 to ₱ 466,532.5. The average price has had spectacular rise of 17 % with an average price of ₱ 424,364.5 during the previous 4 months and ₱ 495,753 during the most recent months in February and March.
The average price for Suzuki Grand Vitara has had a strong rise in recent years. During 2007 and 2007, the average price was ₱ 263,200. During this period, prices pretty much remained constant. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 117 %. 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 (₱ 650,000) and the the last two years that were studied (2016, 2017) with a price of ₱ 728,750.
The graph that displays the price for Suzuki Grand Vitara 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 24 % more affordable than the average price (₱ 483,846). Next with a price of ₱ 460,765 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 42% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 481,800.
The graph showing the average price for the fuel type for Suzuki Grand Vitara cars points out to "Diesel" as being the cheapest fuel type. It is 70 % less expensive than the average market price (₱ 483,846) followed by "Gasoline" priced at ₱ 539,515. On average the most expensive type of fuel is "Gasoline". It´s price is 12 % higher than the average market price followed by "Diesel" which costs ₱ 144,333.