Toyota Corolla Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Toyota Corolla cars have increased during the last 6 months. In December the price for a car is S$ 86,874 increasing till S$ 93,298 in January. During the following two months (February, March) the average selling price rose somewhat going from S$ 90,086 to S$ 96,549.5. During the last couple of months, the average price has hardly changed, remaining the same going from S$ 93,317.75 to S$ 97,614.5 during April and May.
The average price for Toyota Corolla has had a strong rise in recent years. Between "before 2000" and 2017, the average price is S$ 44,132.77. There was a significant inflation of the average price in "before 2000" (S$ 34,357) moving up till (S$ 75,529)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 108 %. During the last two years, prices in the car industry have gone up 13 % 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$ 104,750) and the the last two years that were studied (2020, 2021) with a price of S$ 117,883.
The graph that displays the price for Toyota Corolla 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 68 % more affordable than the average price (S$ 92,682). Next with a price of S$ 51,006 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 14% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of S$ 84,789.