Toyota Camry 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 Camry cars has had a strong depreciation during the last 6 months we have studied. The average price for March is AED 67,427. During April there was a slight reduction in the selling prices dropping till AED 62,127. The following two months the selling price went through a strong reduction of -36 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -50 % compared to the 4 previous average values going down from AED 53,268 to AED 26,775.
The average price for Toyota Camry has had a strong rise in recent years. Between 2006 and 2016, the average price is AED 22,680.09. There was a significant inflation of the average price in 2006 (AED 12,188) moving up till (AED 37,600)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 52 %. During the last two years, prices in the car industry have gone up 7 % 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 (AED 37,010.5) and the the last two years that were studied (2020, 2023) with a price of AED 39,550.
The graph that displays the price for Toyota Camry 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 27 % more affordable than the average price (AED 24,325). Next with a price of AED 27,675 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 121% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of AED 31,614.
The graph showing the average price for Toyota Camry cars displays those with 2 doors as the cheapest ones. They are 84 % more affordable than the average price (AED 24,325). These are followed by those with 4 doors with an average price of AED 23,074. Cars with the lowest price have 5 doors and are 4 % cheaper than the average previously displayed.