Acura TL Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Acura TL cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 2,918,250. During November the price went trough a strong deflation till ₦ 2,043,875. The following two months the selling price went through a strong reduction of -52 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -61 % compared to the 4 previous average values going down from ₦ 1,840,291.75 to ₦ 716,902.5.
The average price for Acura TL has gone down in recent years. Between 2000 and 2009, the average price is ₦ 1,272,345.12. There was a significant inflation of the average price in 2000 (₦ 1,257,500) moving up till (₦ 1,645,833)in 2009. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -59 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 40 % 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 (₦ 862,239.5) and the the last two years that have been analyzed (2012, 2013) with a price of ₦ 1,204,479.
The graph that displays the price for Acura TL cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 45 % more affordable than the average price (₦ 750,816). Next with a price of ₦ 426,667 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 392% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of ₦ 1,609,688.