Toyota RAV4 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 RAV4 cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is $67,563 increasing till $71,112 in October. The following two months (November, December) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -36 % compared to the 4 previous average values going down from $65,685.25 to $41,827.5.
The average price for Toyota RAV4 has had a strong rise in recent years. Between "before 2000" and 2016, the average price is $11,271.11. There was a significant inflation of the average price in "before 2000" ($3,420) moving up till ($26,102)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 184 %. During the last two years, prices in the car industry have gone up 12 % 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 ($36,352.75) and the the last two years that were studied (2019, 2020) with a price of $40,691.
The graph that displays the price for Toyota RAV4 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 86 % more affordable than the average price ($41,735). Next with a price of $15,915 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 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $31,665.
The graph showing the average price for the fuel type for Toyota RAV4 cars points out to "Gas" as being the cheapest fuel type. It is 45 % less expensive than the average market price ($41,735) followed by "Hybrid" priced at $33,755. On average the cheapest type of fuel is "Gasoline". It´s price is 12 % more affordable than the average market value followed by "Hybrid" with a price of $33,755.