Acura MDX Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Acura MDX cars have increased during the last 6 months. The average price in February was of ₦ 7,936,750. This price hardly went through any changes and remained at ₦ 7,986,750 during March. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 22 % from ₦ 7,961,750 to ₦ 9,712,750. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from ₦ 8,837,250 to ₦ 7,739,812.5 during June and July.
The average price for Acura MDX has had a strong rise in recent years. Between 2001 and 2013, the average price is ₦ 1,876,929.5. There was a significant inflation of the average price in 2001 (₦ 923,542) moving up till (₦ 1,602,105)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 291 %. During the last two years, prices in the car industry have gone through a strong rise of 35 % 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 (₦ 11,370,000) and the the last two years that have been analyzed (2016, 2018) with a price of ₦ 15,400,000.
The graph that displays the price for Acura MDX cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 70 % more affordable than the average price (₦ 5,657,500). Next with a price of ₦ 1,940,500 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 28% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₦ 3,535,875.