Toyota Mark X 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 Mark X cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of KSh 2,747,375. This price hardly went through any changes and remained at KSh 2,727,143 during October. The following two months the selling price went through a strong reduction of -68 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -57 % compared to the 4 previous average values going down from KSh 1,811,481.75 to KSh 780,545.
The average price for Toyota Mark X has had a strong rise in recent years. Between 2005 and 2010, the average price is KSh 685,264. There was a significant inflation of the average price in 2005 (KSh 608,750) moving up till (KSh 1,006,667)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 57 %. During the last two years, prices in the car industry have gone through a strong rise of 44 % 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 1,926,521) and the the last two years that have been analyzed (2013, 2020) with a price of KSh 2,775,708.5.
The graph that displays the price for Toyota Mark X 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 43 % more affordable than the average price (KSh 790,825). Next with a price of KSh 856,703 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 18% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of KSh 856,703.
The graph showing the average price for the fuel type for Toyota Mark X cars points out to "Petrol" as being the cheapest fuel type. It is 1 % less expensive than the average market price (KSh 790,825) followed by "Diesel" priced at KSh 863,125. 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 779,020.