Toyota Alphard 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 Toyota Alphard cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 2,149,920. November went through a strong inflation with a rise in the price till ₱ 2,963,688. During the following two months (December, January) the average selling price rose somewhat going from ₱ 2,556,804 to ₱ 2,851,925. The average price has had spectacular rise of 65 % with an average price of ₱ 2,704,364.5 during the previous 4 months and ₱ 4,448,819 during the most recent months in February and March.
The average price for Toyota Alphard has had a strong rise in recent years. Between 2003 and 2018, the average price is ₱ 1,722,604.12. There was a significant inflation of the average price in 2003 (₱ 423,000) moving up till (₱ 3,339,480)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 125 %. During the last two years, prices in the car industry have gone up 11 % 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 (₱ 4,338,437) and the the last two years that were studied (2023, 2024) with a price of ₱ 4,807,666.5.
The graph that displays the price for Toyota Alphard 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 76 % more affordable than the average price (₱ 4,521,475). Next with a price of ₱ 1,765,587 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 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 3,028,535.