Suzuki Grand Vitara 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 Grand Vitara cars has had a strong depreciation during the last 6 months we have studied. The average price for February is ₱ 563,750. During March there was a slight reduction in the selling prices dropping till ₱ 492,756. The following two months (April, May) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 490,701 to ₱ 485,645.5 during June and July.
The average price for Suzuki Grand Vitara has had a strong rise in recent years. Between 2000 y 2007, the average price is ₱ 353,648.59. There was a price inflation going from (₱ 278,500) to (₱ 308,143). During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 51 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₱ 661,158.25) and the the last two years that have been analyzed (2016, 2017) with a price of ₱ 789,016.5.
The graph that displays the price for Suzuki Grand Vitara 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 49 % more affordable than the average price (₱ 503,706). Next with a price of ₱ 376,795 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 48% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 515,690.
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 57 % less expensive than the average market price (₱ 503,706) followed by "Gasoline" priced at ₱ 518,604. On average the most expensive type of fuel is "Gasoline". It´s price is 3 % higher than the average market price followed by "Diesel" which costs ₱ 214,913.
The graph displaying the average price for vehicles with doors shows that Suzuki Grand Vitara automobiles with the highest price have 4 doors. They are 22 % more costly than the average price for this model priced at ₱ 616,375. Cars with the the highest price have 5 doors and are 27 % more expensive than the average mentioned before.