Toyota Camry 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 Camry cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is S$ 108,874. During July the price went trough a strong deflation till S$ 87,946. During the following two months (August, September) the average selling price rose somewhat going from S$ 98,410 to S$ 106,327.5. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from S$ 102,368.75 to S$ 78,645.
The average price for Toyota Camry has had a strong rise in recent years. Between 2006 and 2008, the average price is S$ 33,166.67. There was a significant inflation of the average price in 2006 (S$ 26,150) moving up till (S$ 38,300)in 2008. During the next two years (2009, 2016) the price for the aforementioned model has gone up strongly a 49 %. During the last two years, prices in the car industry have gone through a strong rise of 46 % 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 (S$ 91,262.5) and the the last two years that have been analyzed (2019, 2021) with a price of S$ 133,050.
The graph that displays the price for Toyota Camry cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 41 % more affordable than the average price (S$ 55,182). Next with a price of S$ 35,863 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 176% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of S$ 89,050.