Toyota Revo 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 Revo cars has had a strong depreciation during the last 6 months we have studied. The average price for July is ₱ 288,525. During August there was a slight reduction in the selling prices dropping till ₱ 253,100. The following two months (September, October) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 252,234 to ₱ 245,906 during November and December.
The average price for Toyota Revo has had a strong rise in recent years. Between "before 2000" and 2001, the average price is ₱ 201,354.33. There was a significant inflation of the average price in "before 2000" (₱ 177,750) moving up till (₱ 232,615)in 2001. During the next two years (2002, 2003), the average price went up 14 % moving from !PRECIO1! to ₱ 229,302.5, During the last two years, prices in the car industry have gone through a strong rise of 17 % 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 (₱ 275,317.75) and the the last two years that have been analyzed (2004, 2005) with a price of ₱ 321,333.
The graph that displays the price for Toyota Revo cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 20 % more affordable than the average price (₱ 244,343). Next with a price of ₱ 208,824 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 10% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₱ 208,824.
The graph showing the average price for the fuel type for Toyota Revo cars points out to "Diesel" as being the cheapest fuel type. It is 23 % less expensive than the average market price (₱ 244,343) followed by "Gasoline" priced at ₱ 217,250. On average the cheapest type of fuel is "Gasoline". It´s price is 11 % more affordable than the average market value followed by "Diesel" with a price of ₱ 187,822.