Suzuki Swift 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 Swift cars have gone through a strong rise during the last 6 months. In October the price for a car is ₱ 407,370 increasing till ₱ 462,225 in November. During the following two months (December, January) the average selling price rose somewhat going from ₱ 434,797.5 to ₱ 472,296. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 491,727.5) during February and March.
The average price for Suzuki Swift has had a strong rise in recent years. Between 2006 and 2018, the average price is ₱ 348,072.62. There was a significant inflation of the average price in 2006 (₱ 231,000) moving up till (₱ 460,000)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 59 %. During the last two years, prices in the car industry have gone through a strong rise of 15 % 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 (₱ 652,760.25) and the the last two years that have been analyzed (2021, 2023) with a price of ₱ 750,937.5.
The graph that displays the price for Suzuki Swift 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 54 % more affordable than the average price (₱ 591,612). Next with a price of ₱ 349,325 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 462,300.
The graph showing the average price for the fuel type for Suzuki Swift cars points out to "Diesel" as being the cheapest fuel type. It is 65 % less expensive than the average market price (₱ 591,612) followed by "Gasoline" priced at ₱ 299,375. On average the cheapest type of fuel is "Gasoline". It´s price is 49 % more affordable than the average market value followed by "Diesel" with a price of ₱ 207,500.