Suzuki Vitara 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 Vitara cars have gone through a strong rise during the last 6 months. The average price in July was of ₱ 268,630. This price hardly went through any changes and remained at ₱ 273,383 during August. During the following two months (September, October) the average selling price rose somewhat going from ₱ 271,006.5 to ₱ 298,429. The average price has had spectacular rise of 72 % with an average price of ₱ 284,717.75 during the previous 4 months and ₱ 488,614 during the most recent months in November and December.
The average price for Suzuki Vitara has had a strong rise in recent years. During the first sample analyzed ("before 2000" - 2003), the average selling price stood at ₱ 146,333.33. During this time, the price for "before 2000" which was ₱ 164,000 decreased to ₱ 153,333 during 2003. During the next two years (2011, 2014) the price for the aforementioned model has gone up strongly a 280 %. During the last two years, prices in the car industry have gone through a strong rise of 27 % 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 (₱ 757,416.5) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 958,166.5.
The graph that displays the price for Suzuki Vitara 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 3 % more affordable than the average price (₱ 516,850). Next with a price of ₱ 714,000 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 38% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 501,541.
The graph showing the average price for the fuel type for Suzuki Vitara cars points out to "Diesel" as being the cheapest fuel type. It is 40 % less expensive than the average market price (₱ 516,850) followed by "Gasoline" priced at ₱ 577,788. On average the most expensive type of fuel is "Gasoline". It´s price is 12 % higher than the average market price followed by "Diesel" which costs ₱ 310,000.