Toyota Corolla 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 Corolla cars has had a strong depreciation during the last 6 months we have studied. The average price for February is KSh 1,461,578. During March there was a slight reduction in the selling prices dropping till KSh 1,311,673. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -20 % compared to the 4 previous average values going down from KSh 1,272,569.75 to KSh 1,012,513.
The average price for Toyota Corolla has had a strong rise in recent years. Between "before 2000" and 2012, the average price is KSh 574,976.88. There was a significant inflation of the average price in "before 2000" (KSh 347,863) moving up till (KSh 1,000,583)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 81 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of KSh 1,029,131.25 in 2015 and KSh 1,017,896 during 2017.
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 62 % more affordable than the average price (KSh 1,044,463). Next with a price of KSh 504,837 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 24% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at KSh 722,577.
The graph showing the average price for the fuel type for Toyota Corolla cars points out to "Diesel" as being the cheapest fuel type. It is 59 % less expensive than the average market price (KSh 1,044,463) followed by "Petrol" priced at KSh 708,486. On average the cheapest type of fuel is "Petrol". It´s price is 32 % more affordable than the average market value followed by "Diesel" with a price of KSh 423,750.
The graph displaying the average price for vehicles with doors shows that Toyota Corolla automobiles with the cheapest price have 4 doors. They are 65 % cheaper than the average price for this model priced at KSh 363,967. Cars with the lowest price have 5 doors and are 62 % cheaper than the average previously displayed.