Toyota Noah 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 Noah cars has had a strong depreciation during the last 6 months we have studied. The average price in January was of KSh 2,448,813. This price hardly went through any changes and remained at KSh 2,456,463 during February. The following two months (March, April) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -26 % compared to the 4 previous average values going down from KSh 2,343,563 to KSh 1,733,583.
The average price for Toyota Noah has had a strong rise in recent years. Between 2003 and 2011, the average price is KSh 816,270.12. There was a significant inflation of the average price in 2003 (KSh 547,250) moving up till (KSh 1,165,294)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 86 %. During the last two years, prices in the car industry have gone up 14 % 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 1,767,850.75) and the the last two years that were studied (2014, 2015) with a price of KSh 2,016,692.5.
The graph that displays the price for Toyota Noah 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 53 % more affordable than the average price (KSh 1,571,275). Next with a price of KSh 808,211 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 24% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of KSh 1,440,938.
The graph showing the average price for the fuel type for Toyota Noah cars points out to "Diesel" as being the cheapest fuel type. It is 58 % less expensive than the average market price (KSh 1,571,275) followed by "Petrol" priced at KSh 1,340,918. On average the cheapest type of fuel is "Petrol". It´s price is 15 % more affordable than the average market value followed by "Diesel" with a price of KSh 667,500.
The graph displaying the average price for vehicles with doors shows that Toyota Noah automobiles with the cheapest price have 5 doors. They are 23 % cheaper than the average price for this model priced at KSh 1,206,030. Cars with the lowest price have 4 doors and are 13 % cheaper than the average previously displayed.