Toyota Vitz Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Toyota Vitz cars has fallen during the last 6 months we have analyzed. The average price in August was of KSh 562,360. This price hardly went through any changes and remained at KSh 579,273 during September. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (KSh 525,719) during December and January.
The average price for Toyota Vitz has had a strong rise in recent years. Between 2002 and 2017, the average price is KSh 562,647.06. There was a significant inflation of the average price in 2002 (KSh 380,000) moving up till (KSh 490,833)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 22 %. During the last two years, prices in the car industry have experienced a depreciation of -6 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (KSh 644,857.25) and the the last two years analyzed (2020, 2021) with a price of KSh 604,214.5.
The graph that displays the price for Toyota Vitz 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 29 % more affordable than the average price (KSh 552,300). Next with a price of KSh 579,146 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 12% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of KSh 579,146.
The graph showing the average price for the fuel type for Toyota Vitz cars points out to "Diesel" as being the cheapest fuel type. It is 21 % less expensive than the average market price (KSh 552,300) followed by "Petrol" priced at KSh 566,425. On average the most expensive type of fuel is "Petrol". It´s price is 3 % higher than the average market price followed by "Diesel" which costs KSh 436,429.