Toyota Corolla 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 Corolla cars has had a strong depreciation during the last 6 months we have studied. The average price in April was of Rs. 2.56 crores. This price hardly went through any changes and remained at Rs. 2.52 crores during May. The following two months (June, July) the selling price went through a devaluation of -9 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 -57 % compared to the 4 previous average values going down from Rs. 2.43 crores to Rs. 1.04 crores.