Toyota Landcruiser 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 Landcruiser cars has had a strong depreciation during the last 6 months we have studied. The average price in May was of ₱ 2,637,407. This price hardly went through any changes and remained at ₱ 2,709,519 during June. The following two months the selling price went through a strong reduction of -22 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from ₱ 2,379,344.5 to ₱ 1,471,802.5.
The average price for Toyota Landcruiser has had a strong rise in recent years. During the first sample analyzed ("before 2000" - 2011), the average selling price stood at ₱ 1,299,823.88. During this time, the price for "before 2000" which was ₱ 531,154 decreased to ₱ 500,000 during 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 166 %. During the last two years, the car industry has had a strong deflation in its selling prices of -22 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 2,843,262.5) and the the last two years (2014, 2015) with a price of ₱ 2,230,500.
The graph that displays the price for Toyota Landcruiser 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 52 % more affordable than the average price (₱ 1,437,967). Next with a price of ₱ 806,625 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 6% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 806,625.
The graph showing the average price for the fuel type for Toyota Landcruiser cars points out to "Gasoline" as being the cheapest fuel type. It is 52 % less expensive than the average market price (₱ 1,437,967) followed by "Diesel" priced at ₱ 805,769. On average the cheapest type of fuel is "Gas". It´s price is 23 % more affordable than the average market value followed by "Diesel" with a price of ₱ 805,769.