Toyota Hieace 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 Hieace cars has had a strong depreciation during the last 6 months we have studied. The average price in February was of ₱ 593,333. This price hardly went through any changes and remained at ₱ 593,333 during March. The following two months the selling price went through a strong reduction of -59 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -19 % compared to the 4 previous average values going down from ₱ 417,216.5 to ₱ 339,587.
The graph that displays the price for Toyota Hieace cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 4 % more affordable than the average price (₱ 341,091). Next with a price of ₱ 435,250 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 28% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 327,000.