Toyota RAV4 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 RAV4 cars have gone through a strong rise during the last 6 months. The average price in February was of ₱ 807,036. This price hardly went through any changes and remained at ₱ 773,088 during March. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 20 % from ₱ 790,062 to ₱ 951,194. The average price has had spectacular rise of 25 % with an average price of ₱ 870,628 during the previous 4 months and ₱ 1,089,924.5 during the most recent months in June and July.
The average price for Toyota RAV4 has had a strong rise in recent years. Between "before 2000" and 2014, the average price is ₱ 608,075.12. There was a significant inflation of the average price in "before 2000" (₱ 199,085) moving up till (₱ 572,353)in 2014. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -31 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 51 % 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 (₱ 848,103.25) and the the last two years that have been analyzed (2017, 2019) with a price of ₱ 1,278,106.5.
The graph that displays the price for Toyota RAV4 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 (₱ 1,060,961). Next with a price of ₱ 319,952 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 346,125.
The graph showing the average price for the fuel type for Toyota RAV4 cars points out to "Diesel" as being the cheapest fuel type. It is 82 % less expensive than the average market price (₱ 1,060,961) followed by "Gasoline" priced at ₱ 917,735. On average the cheapest type of fuel is "Gasoline". It´s price is 13 % more affordable than the average market value followed by "Diesel" with a price of ₱ 191,720.