Toyota 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 cars has had a strong depreciation during the last 6 months we have studied. The average price for May is KSh 13,818,375. During June there was a slight reduction in the selling prices dropping till KSh 12,964,113. The following two months the selling price went through a strong reduction of -25 % compared to the previous two months studied. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from KSh 11,745,220 to KSh 10,635,166 during September and October.
The average price for Toyota has had a strong rise in recent years. Between "before 2000" and 2014, the average price is KSh 2,415,675. There was a significant inflation of the average price in "before 2000" (KSh 709,438) moving up till (KSh 4,024,888)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 99 %. 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 (KSh 5,648,222) and the the last two years that were studied (2017, 2018) with a price of KSh 6,484,142.
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 86 % more affordable than the average price (KSh 10,352,156). Next with a price of KSh 2,887,374 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at KSh 5,748,000.
The graph showing the average price for the fuel type for Toyota cars points out to "Hybrid" as being the cheapest fuel type. It is 85 % less expensive than the average market price (KSh 10,352,156) followed by "Diesel" priced at KSh 5,839,488. On average the cheapest type of fuel is "Petrol". It´s price is 40 % more affordable than the average market value followed by "Diesel" with a price of KSh 5,839,488.
The graph showing the average price for Toyota cars displays those with 3 doors as the cheapest ones. They are 82 % more affordable than the average price (KSh 10,352,156). These are followed by those with 2 doors with an average price of KSh 2,186,505. Cars with the lowest average price have 5 !doors and are 59 % cheaper than the average followed by those with 4 doors with a selling price of KSh 3,258,857.