Price for Toyota Echo
Toyota Echo Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Toyota Echo cars has fallen during the last 6 months we have analyzed. The average price for October is $5,150. During November there was a slight reduction in the selling prices dropping till $4,392. The average selling price has remained fairly constant during the following two months, going from $4,771 to $4,796. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from $4,783.5 to $4,496 during February and March.
The average price for Toyota Echo has had a strong rise in recent years. During 2000 and 2001, the average price was $2,743. During this period, prices pretty much remained constant. During the next two years (2002, 2003) the price for the aforementioned model has gone up strongly a 60 %. During the last two years, prices in the car industry have gone up 13 % 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 ($5,032.25) and the the last two years that were studied (2004, 2005) with a price of $5,675.
