Toyota Yaris 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 Yaris cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 392,275. November went through a strong inflation with a rise in the price till ₱ 617,372. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 20 % from ₱ 504,823.5 to ₱ 606,640.5. The average price has had spectacular rise of 37 % with an average price of ₱ 555,732 during the previous 4 months and ₱ 758,769 during the most recent months in February and March.
The average price for Toyota Yaris has had a strong rise in recent years. Between 2003 and 2016, the average price is ₱ 346,895.81. There was a significant inflation of the average price in 2003 (₱ 86,667) moving up till (₱ 559,735)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 69 %. 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 (₱ 704,166.5) and the the last two years that have been analyzed (2019, 2020) with a price of ₱ 823,041.5.
The graph that displays the price for Toyota Yaris 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 63 % more affordable than the average price (₱ 783,113). Next with a price of ₱ 404,063 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 5% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 593,938.
The graph showing the average price for the fuel type for Toyota Yaris cars points out to "Diesel" as being the cheapest fuel type. It is 78 % less expensive than the average market price (₱ 783,113) followed by "Gasoline" priced at ₱ 217,181. On average the cheapest type of fuel is "Gasoline". It´s price is 72 % more affordable than the average market value followed by "Diesel" with a price of ₱ 172,609.