Toyota Alphard 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 Toyota Alphard cars has had a strong depreciation during the last 6 months we have studied. The average price for June is ₱ 4,236,550. During July there was a slight reduction in the selling prices dropping till ₱ 3,979,075. The following two months the selling price went through a strong reduction of -32 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from ₱ 3,445,945.75 to ₱ 2,637,800.
The average price for Toyota Alphard has had a strong rise in recent years. Between 2013 and 2016, the average price is ₱ 2,134,583.5. There was a significant inflation of the average price in 2013 (₱ 1,187,500) moving up till (₱ 3,081,667)in 2016. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 53 %. During the last two years, prices in the car industry have gone up 13 % 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 (₱ 3,745,958.25) and the the last two years that were studied (2020, 2024) with a price of ₱ 4,225,000.
The graph that displays the price for Toyota Alphard cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 20 % more affordable than the average price (₱ 2,752,100). Next with a price of ₱ 2,890,909 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 33% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 3,126,000.