Proton Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Proton cars have remained constant in the last 6 months. The average price in November was of ₦ 373,036. This price hardly went through any changes and remained at ₦ 388,667 during December. During the following two months (January, February) the average selling price rose somewhat going from ₦ 380,851.5 to ₦ 400,816. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 390,833.75 to ₦ 381,946 during March and April.
The average price for Proton has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₦ 367,976.28. There was a significant inflation of the average price in "before 2000" (₦ 350,000) moving up till (₦ 416,667)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 56 %. During the last two years, the car industry has had a strong deflation in its selling prices of -23 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₦ 469,196.5) and the the last two years (2013, 2014) with a price of ₦ 363,393.
The graph that displays the price for Proton 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 8 % more affordable than the average price (₦ 381,628). Next with a price of ₦ 526,667 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 44% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 526,667.