Toyota 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 Toyota cars has fallen during the last 6 months we have analyzed. The average price in January was of S$ 134,406. This price hardly went through any changes and remained at S$ 130,676 during February. The following two months (March, April) the selling price went through a devaluation of -5 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 -18 % compared to the 4 previous average values going down from S$ 129,146.5 to S$ 105,354.
The average price for Toyota has had a strong rise in recent years. Between "before 2000" and 2014, the average price is S$ 44,415.09. There was a significant inflation of the average price in "before 2000" (S$ 28,011) moving up till (S$ 88,999)in 2014. During the next two years (2015, 2016) 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 15 % 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$ 98,987.25) and the the last two years that were studied (2017, 2018) with a price of S$ 113,614.
The graph that displays the price for Toyota 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 62 % more affordable than the average price (S$ 109,465). Next with a price of S$ 68,151 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 11% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at S$ 87,904.