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 ₱ 313,972. During August there was a slight reduction in the selling prices dropping till ₱ 290,274. The following two months the selling price went through a strong reduction of -31 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 255,413.75 to ₱ 246,933.5 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 ₱ 199,478.67. There was a significant inflation of the average price in "before 2000" (₱ 181,000) moving up till (₱ 218,789)in 2001. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 25 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 (₱ 340,156) and the the last two years that have been analyzed (2004, 2005) with a price of ₱ 430,271.
The graph that displays the price for Toyota Revo cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 34 % more affordable than the average price (₱ 306,960). Next with a price of ₱ 226,667 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at ₱ 257,663.
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 42 % less expensive than the average market price (₱ 306,960) followed by "Gasoline" priced at ₱ 216,467. On average the cheapest type of fuel is "Gasoline". It´s price is 29 % more affordable than the average market value followed by "Diesel" with a price of ₱ 177,857.