Toyota Innova Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Toyota Innova cars have remained constant in the last 6 months. The average price in October was of RM 111,246. This price hardly went through any changes and remained at RM 111,849 during November. The following two months (December, January) the selling price went through a devaluation of -5 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from RM 108,534.75 to RM 107,277.5 during February and March.
The average price for Toyota Innova has had a strong rise in recent years. Between 2005 and 2020, the average price is RM 45,728.88. There was a significant inflation of the average price in 2005 (RM 20,847) moving up till (RM 95,667)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 150 %. 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 (RM 129,519.25) and the the last two years that were studied (2023, 2024) with a price of RM 144,769.
The graph that displays the price for Toyota Innova 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 77 % more affordable than the average price (RM 109,029). Next with a price of RM 45,452 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 9% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of RM 80,947.
The graph displaying the average price for vehicles with doors shows that Toyota Innova automobiles with the cheapest price have 4 doors. They are 84 % cheaper than the average price for this model priced at RM 17,767. Cars with the lowest price have 5 doors and are 54 % cheaper than the average previously displayed.