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. The average price in February was of ₱ 208,213. This price hardly went through any changes and remained at ₱ 203,863 during March. The following two months the selling price went through a strong reduction of -26 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -16 % compared to the 4 previous average values going down from ₱ 178,810.25 to ₱ 150,237.
The average price for Suzuki Multicab has gone down in recent years. During the first sample analyzed, going from "before 2000" to 2010, the average price was ₱ 138,362.58. Please take note of of the significant depreciation in the prices between "before 2000" (₱ 186,667) and 2010 (₱ 149,167). During the next two years the average price(₱ 140,983.5) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 49 % 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 (₱ 278,867) and the the last two years that have been analyzed (2014, 2017) with a price of ₱ 416,750.5.
The graph that displays the price for Suzuki Multicab cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 47 % more affordable than the average price (₱ 149,249). Next with a price of ₱ 124,222 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 8% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₱ 130,000.
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 6 % less expensive than the average market price (₱ 149,249) followed by "Gas" priced at ₱ 238,182. On average the most expensive type of fuel is "Gas". It´s price is 60 % higher than the average market price followed by "Gasoline" which costs ₱ 141,036.