Lada 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 Lada cars has fallen during the last 6 months we have analyzed. The average price in November was of ₦ 553,125. This price hardly went through any changes and remained at ₦ 540,000 during December. The following two months (January, February) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 525,634.25 to ₦ 526,909.5 during March and April.
The average price for Lada has gone down in recent years. Between 2005 y 2012, the average price is ₦ 511,111.34. There was a price inflation going from (₦ 566,667) to (₦ 616,667).
The graph that displays the price for Lada 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 6 % more affordable than the average price (₦ 534,375). Next with a price of ₦ 550,000 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 26% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 550,000.