Toyota Sienta 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 Sienta cars has had a strong depreciation during the last 6 months we have studied. The average price in August was of KSh 1,072,000. This price hardly went through any changes and remained at KSh 1,075,000 during September. The following two months the selling price went through a strong reduction of -51 % compared to the previous two months studied. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from KSh 797,250 to KSh 710,916.5 during December and January.
The average price for Toyota Sienta has had a strong rise in recent years. Between 2006 and 2011, the average price is KSh 731,666.69. There was a significant inflation of the average price in 2006 (KSh 626,667) moving up till (KSh 788,333)in 2011. During the next two years (2012, 2015) the price for the aforementioned model has gone up strongly a 15 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % 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 1,006,416.75) and the the last two years that have been analyzed (2016, 2021) with a price of KSh 1,170,000.
The graph that displays the price for Toyota Sienta 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 5 % more affordable than the average price (KSh 794,333). Next with a price of KSh 931,429 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 17% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of KSh 754,000.