Toyota Corolla 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 Corolla cars has fallen during the last 6 months we have analyzed. The average price for November is ₹ 3.3 crores. During December there was a slight reduction in the selling prices dropping till ₹ 2.98 crores. The following two months (January, February) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₹ 2.97 crores to ₹ 2.84 crores during March and April.
The average price for Toyota Corolla has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₹ 25.63 lakhs. There was a significant inflation of the average price in "before 2000" (₹ 1 lakhs) moving up till (₹ 60.48 lakhs)in 2015. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -48 % compared to the previous period. During the last two years, prices in the car industry have gone up 10 % 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 (₹ 14.76 lakhs) and the the last two years that were studied (2018, 2019) with a price of ₹ 16.29 lakhs.
The graph that displays the price for Toyota Corolla 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 96 % more affordable than the average price (₹ 2.56 crores). Next with a price of ₹ 13.33 lakhs and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 1,00,000". It is 56% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 28.79 lakhs.
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 99 % less expensive than the average market price (₹ 2.56 crores) followed by "Diesel" priced at ₹ 6 lakhs. On average the cheapest type of fuel is "Petrol". It´s price is 33 % more affordable than the average market value followed by "Diesel" with a price of ₹ 6 lakhs.