Toyota Hiace 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 Hiace cars has had a strong depreciation during the last 6 months we have studied. The average price for June is ₱ 3,322,350. During July there was a slight reduction in the selling prices dropping till ₱ 2,884,238. The following two months the selling price went through a strong reduction of -33 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -31 % compared to the 4 previous average values going down from ₱ 2,585,250.25 to ₱ 1,787,101.5.
The average price for Toyota Hiace has had a strong rise in recent years. Between "before 2000" and 2019, the average price is ₱ 567,549.88. There was a significant inflation of the average price in "before 2000" (₱ 125,200) moving up till (₱ 1,276,000)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 185 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 1,612,916.5 in 2022 and ₱ 1,607,126.5 during 2023.
The graph that displays the price for Toyota Hiace 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 80 % more affordable than the average price (₱ 1,841,539). Next with a price of ₱ 775,064 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 16% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₱ 1,445,567.
The graph showing the average price for the fuel type for Toyota Hiace cars points out to "Gasoline" as being the cheapest fuel type. It is 87 % less expensive than the average market price (₱ 1,841,539) followed by "Diesel" priced at ₱ 461,317. On average the cheapest type of fuel is "Diesel". It´s price is 75 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 240,273.