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 for May is AED 44,924. During June there was a slight reduction in the selling prices dropping till AED 42,380. The following two months the selling price went through a strong reduction of -37 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -81 % compared to the 4 previous average values going down from AED 35,495.75 to AED 6,882.5.
The average price for Toyota Corolla has gone through a significant depreciation in recent years. During 2015 and 2015, the average price was AED 35,000. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -94 % compared to the previous period. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of AED 2,200 in 2023 and AED 2,205 during 2024.
The graph displaying the average price for vehicles with doors shows that Toyota Corolla automobiles with the cheapest price have 2 doors. They are 46 % cheaper than the average price for this model priced at AED 2,147. Cars with the the highest price have 4 doors and are 510 % more expensive than the average mentioned before.