Lancia Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Lancia cars have increased during the last 6 months. In October the price for a car is ₦ 430,882 increasing till ₦ 460,000 in November. The average selling price has remained fairly constant during the following two months, going from ₦ 445,441 to ₦ 465,217. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 455,329 to ₦ 455,608.5 during February and March.
The average price for Lancia has gone through a significant depreciation in recent years. During 2005 and 2005, the average price was ₦ 675,000. 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 -46 % compared to the previous period. During the last two years, prices in the car industry have gone up 10 % 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 (₦ 402,083.25) and the the last two years that were studied (2010, 2011) with a price of ₦ 441,666.5.
The graph that displays the price for Lancia cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 10 % more affordable than the average price (₦ 446,000). Next with a price of ₦ 475,000 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 71% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 575,000.