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. The average price for June is ₱ 1,679,988. During July there was a slight reduction in the selling prices dropping till ₱ 1,504,989. The following two months the selling price went through a strong reduction of -40 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -59 % compared to the 4 previous average values going down from ₱ 1,276,573.25 to ₱ 518,701.5.
The average price for Toyota Camry has had a strong rise in recent years. Between 2002 and 2013, the average price is ₱ 286,408.34. There was a significant inflation of the average price in 2002 (₱ 232,500) moving up till (₱ 525,222)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 15 %. During the last two years, prices in the car industry have gone through a strong rise of 34 % 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 (₱ 499,639) and the the last two years that have been analyzed (2016, 2017) with a price of ₱ 669,250.
The graph that displays the price for Toyota Camry 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 38 % more affordable than the average price (₱ 467,788). Next with a price of ₱ 300,200 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 417,770.
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 55 % less expensive than the average market price (₱ 467,788) followed by "Gasoline" priced at ₱ 250,114. On average the cheapest type of fuel is "Gasoline". It´s price is 47 % more affordable than the average market value followed by "Diesel" with a price of ₱ 211,618.