Toyota Land Cruiser Prado 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 Land Cruiser Prado cars has had a strong depreciation during the last 6 months we have studied. The average price for March is KSh 9,481,343. During April there was a slight reduction in the selling prices dropping till KSh 8,943,937. The following two months the selling price went through a strong reduction of -45 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -34 % compared to the 4 previous average values going down from KSh 7,140,440.5 to KSh 4,725,028.
The average price for Toyota Land Cruiser Prado has had a strong rise in recent years. Between 2008 and 2016, the average price is KSh 4,194,727.5. There was a significant inflation of the average price in 2008 (KSh 3,050,000) moving up till (KSh 6,178,094)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 70 %. During the last two years, prices in the car industry have gone through a strong rise of 23 % 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 (KSh 9,207,233) and the the last two years that have been analyzed (2019, 2022) with a price of KSh 11,281,692.
The graph that displays the price for Toyota Land Cruiser Prado cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 17 % more affordable than the average price (KSh 5,232,154). Next with a price of KSh 6,466,934 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 40% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of KSh 6,864,484.
The graph showing the average price for the fuel type for Toyota Land Cruiser Prado cars points out to "Petrol" as being the cheapest fuel type. It is 19 % less expensive than the average market price (KSh 5,232,154) followed by "Diesel" priced at KSh 5,723,335. On average the most expensive type of fuel is "Diesel". It´s price is 9 % higher than the average market price followed by "Petrol" which costs KSh 4,261,538.