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 for May is ₱ 2,105,760. During June there was a slight reduction in the selling prices dropping till ₱ 1,929,272. The following two months (July, August) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -29 % compared to the 4 previous average values going down from ₱ 1,952,012.25 to ₱ 1,388,252.
The average price for Toyota Landcruiser has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₱ 721,864.5. There was a significant inflation of the average price in "before 2000" (₱ 260,125) moving up till (₱ 1,274,000)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 35 %. During the last two years, prices in the car industry have gone through a strong rise of 45 % 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 (₱ 1,773,500) and the the last two years that have been analyzed (2013, 2017) with a price of ₱ 2,573,083.5.
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 31 % more affordable than the average price (₱ 1,182,429). Next with a price of ₱ 826,800 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 180% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 1,694,000.
The graph showing the average price for the fuel type for Toyota Landcruiser cars marks "Diesel" as the most costly fuel type. It is 17 % more expensive than the average market price (₱ 1,182,429) followed by "Gasoline" priced at ₱ 1,385,267. On average the most expensive type of fuel is "Gasoline". It´s price is 17 % higher than the average market price followed by "Diesel" which costs ₱ 1,383,440.