Toyota Vios 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 Vios cars have gone through a strong rise during the last 6 months. In February the price for a car is ₱ 803,711 increasing till ₱ 902,624 in March. The average selling price has remained fairly constant during the following two months, going from ₱ 853,167.5 to ₱ 823,311. The average price has had spectacular rise of 236 % with an average price of ₱ 838,239.25 during the previous 4 months and ₱ 2,818,932 during the most recent months in June and July.
The average price for Toyota Vios has had a strong rise in recent years. Between 2002 and 2016, the average price is ₱ 308,614. There was a significant inflation of the average price in 2002 (₱ 180,000) moving up till (₱ 469,081)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 75 %. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 599,728.75) and the the last two years that were studied (2019, 2020) with a price of ₱ 658,284.5.
The graph that displays the price for Toyota Vios 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 91 % more affordable than the average price (₱ 2,827,500). Next with a price of ₱ 413,288 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 71% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 505,398.
The graph showing the average price for the fuel type for Toyota Vios cars points out to "Diesel" as being the cheapest fuel type. It is 91 % less expensive than the average market price (₱ 2,827,500) followed by "Gas" priced at ₱ 454,865. On average the cheapest type of fuel is "Gasoline". It´s price is 41 % more affordable than the average market value followed by "Gas" with a price of ₱ 454,865.
The graph displaying the average price for vehicles with doors shows that Toyota Vios automobiles with the cheapest price have 5 doors. They are 90 % cheaper than the average price for this model priced at ₱ 285,000. Cars with the lowest price have 4 doors and are 88 % cheaper than the average previously displayed.