Suzuki Multicab Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Suzuki Multicab cars has fallen during the last 6 months we have analyzed. The average price in September was of ₱ 179,167. This price hardly went through any changes and remained at ₱ 176,423 during October. The following two months (November, December) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from ₱ 169,761 to ₱ 153,682 during January and February.
The average price for Suzuki Multicab has become more expensive in recent years. During the first sample analyzed, going from "before 2000" to 2009, the average price was ₱ 97,166.6. Please take note of of the significant depreciation in the prices between "before 2000" (₱ 118,333) and 2009 (₱ 92,500). During the next two years (2010, 2012) 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 10 % 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 (₱ 176,474) and the the last two years that were studied (2013, 2017) with a price of ₱ 194,496.5.
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 4 % more affordable than the average price (₱ 165,771). Next with a price of ₱ 165,688 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 7% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 165,688.