Suzuki Multicab Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Suzuki Multicab cars have gone through a strong rise during the last 6 months. During the first month analyzed in July the average price was ₱ 149,249. August went through a strong inflation with a rise in the price till ₱ 180,510. During the following two months (September, October) the average selling price experienced a noticeable rise, going up 16 % from ₱ 164,879.5 to ₱ 190,589.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 177,734.5 to ₱ 171,213 during November and December.
The average price for Suzuki Multicab has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₱ 107,687.5. There was a significant inflation of the average price in "before 2000" (₱ 63,000) moving up till (₱ 143,750)in 2010. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 63 %. During the last two years, prices in the car industry have gone up 14 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 204,708.25) and the the last two years that were studied (2017, 2019) with a price of ₱ 233,750.
The graph that displays the price for Suzuki Multicab 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 33 % more affordable than the average price (₱ 169,738). Next with a price of ₱ 122,000 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 12% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 132,500.
The graph displaying the average price for vehicles with doors shows that Suzuki Multicab automobiles with the cheapest price have 5 doors. They are 6 % cheaper than the average price for this model priced at ₱ 159,000. Cars with the the highest price have 2 doors and are 2 % more expensive than the average mentioned before.