Suzuki Multicab 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 Multicab cars has had a strong depreciation during the last 6 months we have studied. In April the average price per vehicle is ₱ 190,125. During May the price went trough a strong deflation till ₱ 134,511. The following two months (June, July) the selling price went through a devaluation of -13 percent in the average selling price compared to the previous two months analyzed. The average price has risen 13 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 172,406) during August and September.
The average price for Suzuki Multicab has remained constant in recent years. During the first sample analyzed ("before 2000" - 2013), the average selling price stood at ₱ 162,958.2. During this time, the price for "before 2000" which was ₱ 195,882 decreased to ₱ 173,667 during 2013. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 115 %. During the last two years, the car industry has had a strong deflation in its selling prices of -17 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 300,864.75) and the the last two years (2017, 2018) with a price of ₱ 251,187.5.
The graph that displays the price for Suzuki Multicab 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 9 % more affordable than the average price (₱ 196,788). Next with a price of ₱ 222,680 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 13% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 179,350.
The graph showing the average price for the fuel type for Suzuki Multicab cars points out to "Gasoline" as being the cheapest fuel type. It is 19 % less expensive than the average market price (₱ 196,788) followed by "Gas" priced at ₱ 215,833. On average the most expensive type of fuel is "Gas". It´s price is 10 % higher than the average market price followed by "Gasoline" which costs ₱ 158,625.