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 October was of S$ 305,921. This price hardly went through any changes and remained at S$ 310,546 during November. The average selling price has remained fairly constant during the following two months, going from S$ 308,233.5 to S$ 294,833. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from S$ 301,533.25 to S$ 267,172 during February and March.
The average price for Toyota has had a strong rise in recent years. Between "before 2000" and 2019, the average price is S$ 71,032.41. There was a significant inflation of the average price in "before 2000" (S$ 65,800) moving up till (S$ 131,812)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 82 %. During the last two years, prices in the car industry have gone up 14 % 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$ 150,957.75) and the the last two years that were studied (2022, 2023) with a price of S$ 172,768.5.
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 80 % more affordable than the average price (S$ 240,899). Next with a price of S$ 96,613 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 17% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at S$ 147,407.
The graph showing the average price for the fuel type for Toyota cars points out to "Gasoline" as being the cheapest fuel type. It is 66 % less expensive than the average market price (S$ 240,899) followed by "Diesel" priced at S$ 109,836. On average the cheapest type of fuel is "Electric". It´s price is 48 % more affordable than the average market value followed by "Diesel" with a price of S$ 109,836.