Toyota Corolla Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Toyota Corolla cars have increased during the last 6 months. The average price in November was of ₱ 664,913. This price hardly went through any changes and remained at ₱ 647,450 during December. During the following two months (January, February) the average selling price rose somewhat going from ₱ 656,181.5 to ₱ 711,468.5. The average price has risen 13 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 770,800.5) during March and April.
The average price for Toyota Corolla has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 250,360.3. There was a significant inflation of the average price in "before 2000" (₱ 113,999) moving up till (₱ 485,242)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 154 %. 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 (₱ 727,332.25) and the the last two years that were studied (2018, 2020) with a price of ₱ 818,958.5.
The graph that displays the price for Toyota Corolla 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 77 % more affordable than the average price (₱ 753,638). Next with a price of ₱ 213,250 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 557,313.
The graph showing the average price for the fuel type for Toyota Corolla cars points out to "Diesel" as being the cheapest fuel type. It is 82 % less expensive than the average market price (₱ 753,638) followed by "Gasoline" priced at ₱ 415,338. On average the cheapest type of fuel is "Gas". It´s price is 16 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 415,338.