Suzuki Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Suzuki cars has fallen during the last 6 months we have analyzed. In October the price for a car is S$ 88,881 increasing till S$ 93,676 in November. 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 months, the price has gone through a strong devaluation of -17 % compared to the 4 previous average values going down from S$ 85,578 to S$ 71,114.
The average price for Suzuki has had a strong rise in recent years. Between 2007 and 2019, the average price is S$ 48,295.3. There was a significant inflation of the average price in 2007 (S$ 39,320) moving up till (S$ 89,720)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 90 %. During the last two years, prices in the car industry have gone up 7 % 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 (S$ 98,494) and the the last two years that were studied (2022, 2023) with a price of S$ 105,366.
The graph that displays the price for Suzuki 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 44 % more affordable than the average price (S$ 65,015). Next with a price of S$ 62,018 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 50% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 89,489.