Toyota Corolla Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Toyota Corolla cars have gone through a strong rise during the last 6 months. During the first month analyzed in January the average price was R 348 787. February went through a strong inflation with a rise in the price till R 409 678. During the following two months (March, April) the average selling price rose somewhat going from R 379 232,5 to R 425 240,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 402 236,5 to R 401 340,5 during May and June.
The average price for Toyota Corolla has had a strong rise in recent years. Between "before 2000" and 2015, the average price is R 100 887,35. There was a significant inflation of the average price in "before 2000" (R 67 405) moving up till (R 204 501)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 127 %. 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 (R 273 064,5) and the the last two years that have been analyzed (2018, 2019) with a price of R 317 219,5.
The graph that displays the price for Toyota Corolla 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 64 % more affordable than the average price (R 392 193). Next with a price of R 216 609 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10 000". It is 11% less expensive than the average market value followed by those cars with a mileage of "10 000 - 25 000" priced at R 287 692.
The graph showing the average price for the fuel type for Toyota Corolla cars points out to "Diesel" as being the cheapest fuel type. It is 12 % less expensive than the average market price (R 392 193) followed by "Petrol" priced at R 344 717. 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 R 343 584.
The graph displaying the average price for vehicles with doors shows that Toyota Corolla automobiles with the cheapest price have 4 doors. They are 26 % cheaper than the average price for this model priced at R 289 038. Cars with the lowest price have 5 doors and are 17 % cheaper than the average previously displayed.