Suzuki Jimny 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 Jimny cars has had a strong depreciation during the last 6 months we have studied. The average price in April was of ₱ 1,392,811. This price hardly went through any changes and remained at ₱ 1,429,213 during May. The average selling price has remained fairly constant during the following two months, going from ₱ 1,411,012 to ₱ 1,378,692.5. In the last two months, the price has gone through a strong devaluation of -46 % compared to the 4 previous average values going down from ₱ 1,394,852.25 to ₱ 759,306.
The average price for Suzuki Jimny has had a strong rise in recent years. Between 2003 and 2017, the average price is ₱ 415,888.38. There was a significant inflation of the average price in 2003 (₱ 190,000) moving up till (₱ 723,333)in 2017. During the next two years (2018, 2020) the price for the aforementioned model has gone up strongly a 126 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % 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 (₱ 1,121,819) and the the last two years that have been analyzed (2021, 2022) with a price of ₱ 1,301,900.
The graph that displays the price for Suzuki Jimny 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 57 % more affordable than the average price (₱ 762,600). Next with a price of ₱ 401,333 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 25% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 686,529.
The graph showing the average price for the fuel type for Suzuki Jimny cars points out to "Diesel" as being the cheapest fuel type. It is 72 % less expensive than the average market price (₱ 762,600) followed by "Gasoline" priced at ₱ 498,000. On average the cheapest type of fuel is "Gasoline". It´s price is 35 % more affordable than the average market value followed by "Diesel" with a price of ₱ 211,500.