Toyota 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 cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $380,690. During November there was a slight reduction in the selling prices dropping till $324,972. The following two months (December, January) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from $332,066 to $309,585 during February and March.
The average price for Toyota has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $38,454.94. There was a significant inflation of the average price in "before 2000" ($20,425) moving up till ($99,041)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 145 %. During the last two years, the car industry has had a strong deflation in its selling prices of -24 % 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 ($76,041.75) and the the last two years (2018, 2019) with a price of $58,042.
The graph that displays the price for Toyota 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 84 % more affordable than the average price ($312,318). Next with a price of $76,684 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 50% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at $111,785.
The graph showing the average price for the fuel type for Toyota cars points out to "Hybrid" as being the cheapest fuel type. It is 92 % less expensive than the average market price ($312,318) followed by "Petrol" priced at $61,655. On average the cheapest type of fuel is "Diesel". It´s price is 51 % more affordable than the average market value followed by "Gasoline" with a price of $77,900.
The graph showing the average price for Toyota cars displays those with 3 doors as the cheapest ones. They are 90 % more affordable than the average price ($312,318). These are followed by those with 2 doors with an average price of $54,254. Cars with the lowest average price have 4 !doors and are 66 % cheaper than the average followed by those with 5 doors with a selling price of $95,648.