Price for Lexus

Lexus Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.

₦ 8,406,435.17
Average price Last 6 months
Price for Lexus

The selling price for Lexus cars has had a strong depreciation during the last 6 months we have studied. In December the average price per vehicle is ₦ 18,870,375. During January the price went trough a strong deflation till ₦ 6,068,884. The following two months the selling price went through a strong reduction of -48 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -34 % compared to the 4 previous average values going down from ₦ 9,464,898 to ₦ 6,289,510.5.

Price per registration year

The average price for Lexus has had a strong rise in recent years. Between "before 2000" and 2017, the average price is ₦ 1,858,415.38. There was a significant inflation of the average price in "before 2000" (₦ 1,645,156) moving up till (₦ 2,868,182)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 154 %. During the last two years, prices in the car industry have gone through a strong rise of 49 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₦ 9,200,331) and the the last two years that have been analyzed (2020, 2021) with a price of ₦ 13,680,208.

Price per mileage

The graph that displays the price for Lexus cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 88 % more affordable than the average price (₦ 7,128,468). Next with a price of ₦ 1,431,750 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 26% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at ₦ 3,839,686.

Price per fuel type

The graph showing the average price for the fuel type for Lexus cars points out to "Diesel" as being the cheapest fuel type. It is 73 % less expensive than the average market price (₦ 7,128,468) followed by "Petrol" priced at ₦ 6,668,764. On average the cheapest type of fuel is "Petrol". It´s price is 6 % more affordable than the average market value followed by "Diesel" with a price of ₦ 1,926,923.

Charts data
Average price May
Number of Lexus ads used
Num. of cars with registration year mentioned
Num. of cars with mileage mentioned
Num. of cars with fuel type mentioned
₦ 7,128,468
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other Lexus models
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