Toyota RAV4 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 RAV4 cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is ₱ 1,370,475. During July the price went trough a strong deflation till ₱ 1,116,075. The following two months the selling price went through a strong reduction of -32 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -61 % compared to the 4 previous average values going down from ₱ 1,046,612.75 to ₱ 412,738.5.
The average price for Toyota RAV4 has had a strong rise in recent years. Between "before 2000" and 2014, the average price is ₱ 222,174.23. There was a significant inflation of the average price in "before 2000" (₱ 109,750) moving up till (₱ 451,800)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 70 %. During the last two years, prices in the car industry have gone through a strong rise of 48 % 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 (₱ 726,343) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 1,075,625.
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 54 % more affordable than the average price (₱ 387,570). Next with a price of ₱ 220,395 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 69% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 253,231.
The graph showing the average price for the fuel type for Toyota RAV4 cars points out to "Gasoline" as being the cheapest fuel type. It is 57 % less expensive than the average market price (₱ 387,570) followed by "Diesel" priced at ₱ 198,831. On average the cheapest type of fuel is "Diesel". It´s price is 49 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 165,935.