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. In October the average price per vehicle is ₱ 859,811. During November the price went trough a strong deflation till ₱ 724,025. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 39 % from ₱ 791,918 to ₱ 1,103,075. The average price has had spectacular rise of 46 % with an average price of ₱ 947,496.5 during the previous 4 months and ₱ 1,386,728.5 during the most recent months in February and March.
The average price for Toyota RAV4 has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 264,903.59. There was a significant inflation of the average price in "before 2000" (₱ 110,846) moving up till (₱ 296,667)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 203 %. During the last two years, prices in the car industry have gone through a strong rise of 40 % 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 (₱ 1,335,479.5) and the the last two years that have been analyzed (2019, 2020) with a price of ₱ 1,867,191.
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 89 % more affordable than the average price (₱ 1,627,650). Next with a price of ₱ 219,088 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 4% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 729,667.
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 88 % less expensive than the average market price (₱ 1,627,650) followed by "Gas" priced at ₱ 472,000. On average the cheapest type of fuel is "Gasoline". It´s price is 3 % more affordable than the average market value followed by "Gas" with a price of ₱ 472,000.