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. In July the average price per vehicle is ₱ 516,828. During August the price went trough a strong deflation till ₱ 426,452. The following two months the selling price went through a strong reduction of -15 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 435,709 to ₱ 417,138.5 during November and December.
The average price for Suzuki Grand Vitara has had a strong rise in recent years. Between 2006 and 2015, the average price is ₱ 351,750. There was a significant inflation of the average price in 2006 (₱ 150,000) moving up till (₱ 504,750)in 2015.
The graph that displays the price for Suzuki Grand Vitara 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 15 % more affordable than the average price (₱ 422,360). Next with a price of ₱ 399,000 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 53% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 399,000.