Toyota Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Toyota cars have gone through a strong rise during the last 6 months. The average price in November was of KSh 1,519,691. This price hardly went through any changes and remained at KSh 1,459,053 during December. The average selling price has remained fairly constant during the following two months, going from KSh 1,489,372 to KSh 1,545,905. The average price has had spectacular rise of 731 % with an average price of KSh 1,517,638.5 during the previous 4 months and KSh 12,616,050 during the most recent months in March and April.
The average price for Toyota has had a strong rise in recent years. Between "before 2000" and 2014, the average price is KSh 3,334,520.25. There was a significant inflation of the average price in "before 2000" (KSh 742,113) moving up till (KSh 5,877,435)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 144 %. During the last two years, prices in the car industry have experienced a depreciation of -15 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (KSh 7,081,636) and the the last two years analyzed (2017, 2018) with a price of KSh 6,025,822.5.
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 90 % more affordable than the average price (KSh 12,102,988). Next with a price of KSh 3,175,949 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 2% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at KSh 5,528,614.
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 87 % less expensive than the average market price (KSh 12,102,988) followed by "Diesel" priced at KSh 7,485,110. On average the cheapest type of fuel is "Petrol". It´s price is 26 % more affordable than the average market value followed by "Diesel" with a price of KSh 7,485,110.
The graph showing the average price for Toyota cars displays those with 3 doors as the cheapest ones. They are 86 % more affordable than the average price (KSh 12,102,988). These are followed by those with 2 doors with an average price of KSh 2,196,697. Cars with the lowest average price have 5 !doors and are 29 % cheaper than the average followed by those with 4 doors with a selling price of KSh 6,815,863.