Toyota Camry 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 Camry cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is ₱ 1,164,265. During August the price went trough a strong deflation till ₱ 933,536. The following two months the selling price went through a strong reduction of -23 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -28 % compared to the 4 previous average values going down from ₱ 928,106.75 to ₱ 666,424.5.
The average price for Toyota Camry has had a strong rise in recent years. Between "before 2000" and 2013, the average price is ₱ 302,216.72. There was a significant inflation of the average price in "before 2000" (₱ 154,875) moving up till (₱ 514,533)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 74 %. During the last two years, prices in the car industry have gone through a strong rise of 56 % 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 (₱ 1,208,798) and the the last two years that have been analyzed (2016, 2019) with a price of ₱ 1,891,396.
The graph that displays the price for Toyota Camry 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 58 % more affordable than the average price (₱ 664,212). Next with a price of ₱ 365,973 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 21% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 501,231.
The graph showing the average price for the fuel type for Toyota Camry cars points out to "Diesel" as being the cheapest fuel type. It is 63 % less expensive than the average market price (₱ 664,212) followed by "Gasoline" priced at ₱ 522,738. On average the cheapest type of fuel is "Gasoline". It´s price is 21 % more affordable than the average market value followed by "Diesel" with a price of ₱ 242,451.