Toyota Etios Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Toyota Etios cars has had a strong depreciation during the last 6 months we have studied. The average price in December was of ₹ 4.29 crores. This price hardly went through any changes and remained at ₹ 4.24 crores during January. The following two months the selling price went through a strong reduction of -27 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -28 % compared to the 4 previous average values going down from ₹ 3.69 crores to ₹ 2.65 crores.
The average price for Toyota Etios has had a strong rise in recent years. Between 2011 and 2015, the average price is ₹ 47.89 lakhs. There was a significant inflation of the average price in 2011 (₹ 19.9 lakhs) moving up till (₹ 81.17 lakhs)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 51 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (₹ 89.51 lakhs) and the the last two years that have been analyzed (2018, 2019) with a price of ₹ 1.07 crores.
The graph that displays the price for Toyota Etios 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 99 % more affordable than the average price (₹ 2.85 crores). Next with a price of ₹ 29.32 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 "more than 2,00,000". It is 27% less expensive than the average market value followed by those cars with a mileage of "1,00,000 - 2,00,000" priced at ₹ 1.16 crores.
The graph showing the average price for the fuel type for Toyota Etios cars points out to "Petrol" as being the cheapest fuel type. It is 98 % less expensive than the average market price (₹ 2.85 crores) followed by "Diesel" priced at ₹ 71.4 lakhs. On average the cheapest type of fuel is "Diesel". It´s price is 75 % more affordable than the average market value followed by "Petrol" with a price of ₹ 4.57 lakhs.
The graph displaying the average price for vehicles with doors shows that Toyota Etios automobiles with the cheapest price have 5 doors. They are 99 % cheaper than the average price for this model priced at ₹ 3.3 lakhs. Cars with the lowest price have 4 doors and are 98 % cheaper than the average previously displayed.