Toyota Hiace 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 Hiace cars has fallen during the last 6 months we have analyzed. In June the average price per vehicle is S$ 122,182. During July the price went trough a strong deflation till S$ 66,283. During the following two months (August, September) the average selling price experienced a noticeable rise, going up 46 % from S$ 94,232.5 to S$ 137,564. In the last two, the price has gone through a -10 % devaluation compared to the previous average values going down from S$ 115,898.25 to S$ 104,268 during October and November.
The average price for Toyota Hiace has had a strong rise in recent years. During the first sample analyzed, going from 2014 to 2016, the average price was S$ 42,498.5. Please take note of of the significant depreciation in the prices between 2014 (S$ 51,097) and 2016 (S$ 33,900). During the next two years (2017, 2020) the price for the aforementioned model has gone up strongly a 52 %. During the last two years, prices in the car industry have gone through a strong rise of 30 % 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$ 92,399.75) and the the last two years that have been analyzed (2021, 2024) with a price of S$ 120,210.5.
The graph that displays the price for Toyota Hiace 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 26 % more affordable than the average price (S$ 69,922). Next with a price of S$ 71,467 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 4% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of S$ 71,467.