Toyota Land Cruiser 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 Land Cruiser cars has had a strong depreciation during the last 6 months we have studied. The average price for July is ₱ 5,163,288. During August there was a slight reduction in the selling prices dropping till ₱ 4,655,615. The following two months the selling price went through a strong reduction of -17 % 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 ₱ 4,483,991.5 to ₱ 3,644,406.5.
The average price for Toyota Land Cruiser has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 1,120,074.25. There was a significant inflation of the average price in "before 2000" (₱ 586,773) moving up till (₱ 2,709,532)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 149 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (₱ 3,462,818.75) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 4,136,359.5.
The graph that displays the price for Toyota Land Cruiser 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 81 % more affordable than the average price (₱ 3,824,888). Next with a price of ₱ 1,164,000 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 24% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 3,238,235.
The graph showing the average price for the fuel type for Toyota Land Cruiser cars points out to "Gasoline" as being the cheapest fuel type. It is 81 % less expensive than the average market price (₱ 3,824,888) followed by "Diesel" priced at ₱ 2,628,694. On average the cheapest type of fuel is "Diesel". It´s price is 31 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 736,342.