Toyota Fortuner 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 Fortuner cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is ₹ 2.34 crores increasing till ₹ 2.66 crores in October. The following two months the selling price went through a strong reduction of -42 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -53 % compared to the 4 previous average values going down from ₹ 1.97 crores to ₹ 92.16 lakhs.
The average price for Toyota Fortuner has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2009 to 2016, the average price was ₹ 23.82 lakhs. Please take note of of the significant depreciation in the prices between 2009 (₹ 53.17 lakhs) and 2016 (₹ 24.91 lakhs). During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 20 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₹ 29.67 lakhs in 2019 and ₹ 30.78 lakhs during 2020.
The graph that displays the price for Toyota Fortuner cars according to their mileage shows that those cars within a mileage range of "more than 2,00,000" are the ones with the lowest price. They are 88 % more affordable than the average price (₹ 1.11 crores). Next with a price of ₹ 21.29 lakhs and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "1,00,000 - 2,00,000". It is 70% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 30.93 lakhs.