Toyota Mark X Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Toyota Mark X cars have increased during the last 6 months. In September the price for a car is Rs. 54.33 lakhs increasing till Rs. 59.63 lakhs in October. The average selling price has remained fairly constant during the following two months, going from Rs. 56.98 lakhs to Rs. 58.25 lakhs. During the last couple of months, the average price has hardly changed, remaining the same going from Rs. 57.61 lakhs to Rs. 58.56 lakhs during January and February.
The average price for Toyota Mark X has become more expensive in recent years. During the first sample analyzed (2004 - 2007), the average selling price stood at Rs. 43.1 lakhs. During this time, the price for 2004 which was Rs. 42.23 lakhs decreased to Rs. 39.46 lakhs during 2007. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 29 %. During the last two years, prices in the car industry have experienced a depreciation of -15 % 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 (Rs. 48.62 lakhs) and the the last two years analyzed (2010, 2011) with a price of Rs. 41.44 lakhs.
The graph that displays the price for Toyota Mark X cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 32 % more affordable than the average price (Rs. 57.91 lakhs). Next with a price of Rs. 39.77 lakhs and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at Rs. 51.12 lakhs.