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. The average price in July was of R 434 654. This price hardly went through any changes and remained at R 452 092 during August. During the following two months (September, October) the average selling price rose somewhat going from R 443 373 to R 504 306. The average price has had spectacular rise of 16 % with an average price of R 473 839,5 during the previous 4 months and R 549 774,5 during the most recent months in November and December.
The average price for Toyota Corolla has had a strong rise in recent years. Between "before 2000" and 2014, the average price is R 96 763. There was a significant inflation of the average price in "before 2000" (R 63 217) moving up till (R 196 801)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 130 %. During the last two years, prices in the car industry have gone up 12 % 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 (R 253 315,75) and the the last two years that were studied (2017, 2018) with a price of R 284 194.
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 68 % more affordable than the average price (R 530 385). Next with a price of R 302 021 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 32% less expensive than the average market value followed by those cars with a mileage of "50 000 - 100 000" priced at R 337 827.
The graph showing the average price for the fuel type for Toyota Corolla cars points out to "Hybrid" as being the cheapest fuel type. It is 68 % less expensive than the average market price (R 530 385) followed by "Petrol" priced at R 332 815. On average the cheapest type of fuel is "Diesel". It´s price is 6 % more affordable than the average market value followed by "Petrol" with a price of R 332 815.
The graph displaying the average price for vehicles with doors shows that Toyota Corolla automobiles with the cheapest price have 5 doors. They are 77 % cheaper than the average price for this model priced at R 121 799. Cars with the lowest price have 4 doors and are 47 % cheaper than the average previously displayed.