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 in April was of ₱ 335,363. This price hardly went through any changes and remained at ₱ 334,338 during May. The following two months the selling price went through a strong reduction of -36 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -20 % compared to the 4 previous average values going down from ₱ 274,269 to ₱ 220,485.5.
The average price for Toyota Revo has had a strong rise in recent years. Between "before 2000" and 2003, the average price is ₱ 234,034.2. There was a significant inflation of the average price in "before 2000" (₱ 177,889) moving up till (₱ 308,786)in 2003. During the next two years (2004, 2005) the price for the aforementioned model has gone up strongly a 40 %. During the last two years, the car industry has had a strong deflation in its selling prices of -43 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₱ 229,277) and the the last two years (2013, 2015) with a price of ₱ 131,666.5.
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 29 % more affordable than the average price (₱ 248,797). Next with a price of ₱ 250,133 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 1% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₱ 250,133.
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 34 % less expensive than the average market price (₱ 248,797) followed by "Gasoline" priced at ₱ 226,669. On average the cheapest type of fuel is "Gasoline". It´s price is 9 % more affordable than the average market value followed by "Diesel" with a price of ₱ 165,011.