Toyota Yaris 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 Yaris cars has had a strong depreciation during the last 6 months we have studied. The average price in June was of ₱ 692,837. This price hardly went through any changes and remained at ₱ 666,850 during July. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -43 % compared to the 4 previous average values going down from ₱ 618,234.25 to ₱ 351,791.5.
The average price for Toyota Yaris has had a strong rise in recent years. Between 2003 and 2013, the average price is ₱ 225,508.33. There was a significant inflation of the average price in 2003 (₱ 86,667) moving up till (₱ 288,333)in 2013. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 41 %. During the last two years, prices in the car industry have gone through a strong rise of 29 % 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 (₱ 446,750) and the the last two years that have been analyzed (2017, 2018) with a price of ₱ 576,500.
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 22 % more affordable than the average price (₱ 353,767). Next with a price of ₱ 344,415 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 19% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 417,625.
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 38 % less expensive than the average market price (₱ 353,767) followed by "Gasoline" priced at ₱ 270,091. On average the most expensive type of fuel is "Gas". It´s price is 28 % higher than the average market price followed by "Gasoline" which costs ₱ 270,091.