Scion 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 Scion cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is $786,590. During August the price went trough a strong deflation till $463,394. The following two months the selling price went through a strong reduction of -93 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -75 % compared to the 4 previous average values going down from $333,714 to $82,276.5.
The average price for Scion has had a strong rise in recent years. Between 2004 and 2014, the average price is $9,806.73. There was a significant inflation of the average price in 2004 ($5,318) moving up till ($18,655)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 121 %. During the last two years, prices in the car industry have gone through a strong rise of 30 % 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 ($31,112.25) and the the last two years that have been analyzed (2017, 2020) with a price of $40,574.
The graph that displays the price for Scion 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 96 % more affordable than the average price ($114,526). Next with a price of $18,206 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "100,000 - 200,000". It is 43% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $21,797.
The graph showing the average price for the fuel type for Scion cars points out to "Gasoline" as being the cheapest fuel type. It is 85 % less expensive than the average market price ($114,526) followed by "Gas" priced at $22,544. On average the cheapest type of fuel is "Gas". It´s price is 80 % more affordable than the average market value followed by "Gasoline" with a price of $17,058.
The graph displaying the average price for vehicles with doors shows that Scion automobiles with the cheapest price have 4 doors. They are 89 % cheaper than the average price for this model priced at $12,711. Cars with the lowest price have 2 doors and are 84 % cheaper than the average previously displayed.