Toyota Corolla Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Toyota Corolla cars have gone through a strong rise during the last 6 months. During the first month analyzed in November the average price was $34,256. December went through a strong inflation with a rise in the price till $81,094. 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 -27 % compared to the 4 previous average values going down from $45,460.25 to $33,155.5.
The average price for Toyota Corolla has had a strong rise in recent years. Between "before 2000" and 2018, the average price is $12,166.5. There was a significant inflation of the average price in "before 2000" ($3,626) moving up till ($23,985)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 131 %. During the last two years, prices in the car industry have gone up 5 % 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 ($29,641) and the the last two years that were studied (2021, 2022) with a price of $31,224.5.
The graph that displays the price for Toyota Corolla 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 78 % more affordable than the average price ($33,390). Next with a price of $19,010 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $30,107.
The graph showing the average price for the fuel type for Toyota Corolla cars points out to "Flexible" as being the cheapest fuel type. It is 44 % less expensive than the average market price ($33,390) followed by "Hybrid" priced at $27,216. On average the cheapest type of fuel is "Gas". It´s price is 10 % more affordable than the average market value followed by "Gasoline" with a price of $27,294.
The graph displaying the average price for vehicles with doors shows that Toyota Corolla automobiles with the cheapest price have 5 doors. They are 31 % cheaper than the average price for this model priced at $23,181. Cars with the lowest price have 4 doors and are 13 % cheaper than the average previously displayed.