Toyota Hiace 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 Hiace cars have gone through a strong rise during the last 6 months. In September the price for a car is ₱ 1,873,325 increasing till ₱ 2,149,750 in October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 18 % from ₱ 2,011,537.5 to ₱ 2,376,306.5. The average price has had spectacular rise of 23 % with an average price of ₱ 2,193,922 during the previous 4 months and ₱ 2,693,013.5 during the most recent months in January and February.
The average price for Toyota Hiace has had a strong rise in recent years. Between "before 2000" and 2020, the average price is ₱ 922,499.56. There was a significant inflation of the average price in "before 2000" (₱ 209,631) moving up till (₱ 2,319,900)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 44 %. During the last two years, prices in the car industry have gone through a strong rise of 39 % 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 (₱ 2,178,529.5) and the the last two years that have been analyzed (2023, 2024) with a price of ₱ 3,026,815.
The graph that displays the price for Toyota Hiace cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 83 % more affordable than the average price (₱ 3,249,938). Next with a price of ₱ 870,825 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 17% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 2,283,988.
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 93 % less expensive than the average market price (₱ 3,249,938) followed by "Diesel" priced at ₱ 504,204. On average the cheapest type of fuel is "Diesel". It´s price is 84 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 243,000.