Price for Toyota Runx

The retail prices for Toyota Runx cars have increased during the last 6 months. The average price in October was of R 70 631. This price hardly went through any changes and remained at R 73 053 during November. During the following two months (December, January) the average selling price rose somewhat going from R 71 842 to R 81 945,5. During the last couple of months, the average price has hardly changed, remaining the same going from R 76 893,75 to R 73 834,5 during February and March.

The average price for Toyota Runx has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2003 to 2005, the average price was R 74 116,66. Please take note of of the significant depreciation in the prices between 2003 (R 77 817) and 2005 (R 64 149). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -24 % compared to the previous period. During the last two years, prices in the car industry have gone up 8 % 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 61 071) and the the last two years that were studied (2008, 2009) with a price of R 65 833.

The graph that displays the price for Toyota Runx 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 26 % more affordable than the average price (R 72 733). Next with a price of R 61 019 and a mileage range of "50 000 - 100 000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10 000". It is 106% more costly than the average market value followed by those vehicles with a mileage of "more than 200 000" and a price of R 85 753.