Toyota Passo 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 Passo cars has had a strong depreciation during the last 6 months we have studied. The average price for February is KSh 864,987. During March there was a slight reduction in the selling prices dropping till KSh 744,625. The following two months the selling price went through a strong reduction of -15 % compared to the previous two months studied. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from KSh 742,918.75 to KSh 674,738 during June and July.
The average price for Toyota Passo has had a strong rise in recent years. Between 2005 and 2012, the average price is KSh 443,256.25. There was a significant inflation of the average price in 2005 (KSh 378,750) moving up till (KSh 616,036)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 46 %. During the last two years, prices in the car industry have gone up 9 % 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 709,338.75) and the the last two years that were studied (2015, 2016) with a price of KSh 773,621.
The graph that displays the price for Toyota Passo 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 41 % more affordable than the average price (KSh 690,613). Next with a price of KSh 476,818 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 7% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at KSh 640,556.
The graph showing the average price for the fuel type for Toyota Passo cars points out to "Diesel" as being the cheapest fuel type. It is 36 % less expensive than the average market price (KSh 690,613) followed by "Petrol" priced at KSh 611,164. On average the cheapest type of fuel is "Petrol". It´s price is 12 % more affordable than the average market value followed by "Diesel" with a price of KSh 444,000.
The graph displaying the average price for vehicles with doors shows that Toyota Passo automobiles with the cheapest price have 4 doors. They are 14 % cheaper than the average price for this model priced at KSh 596,000. Cars with the lowest price have 5 doors and are 7 % cheaper than the average previously displayed.