Perodua Viva Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Perodua Viva cars has fallen during the last 6 months we have analyzed. The average price in June was of RM 25,255. This price hardly went through any changes and remained at RM 25,352 during July. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from RM 23,325.5 to RM 21,258.5 during October and November.
The average price for Perodua Viva has had a strong rise in recent years. Between 2007 and 2011, the average price is RM 14,015.4. There was a significant inflation of the average price in 2007 (RM 10,876) moving up till (RM 16,557)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 30 %. During the last two years, prices in the car industry have experienced a depreciation of -6 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (RM 17,218.25) and the the last two years analyzed (2014, 2015) with a price of RM 16,235.5.
The graph that displays the price for Perodua Viva cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 40 % more affordable than the average price (RM 21,553). Next with a price of RM 15,732 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at RM 18,887.