Ford Focus Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Ford Focus cars have increased during the last 6 months. The average price in December was of ₦ 1,493,973. This price hardly went through any changes and remained at ₦ 1,566,317 during January. The average selling price has remained fairly constant during the following two months, going from ₦ 1,530,145 to ₦ 1,512,191. The average price has had spectacular rise of 20 % with an average price of ₦ 1,521,168 during the previous 4 months and ₦ 1,818,312.5 during the most recent months in April and May.
The average price for Ford Focus has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₦ 845,436.19. There was a significant inflation of the average price in "before 2000" (₦ 601,429) moving up till (₦ 1,093,333)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 57 %. During the last two years, prices in the car industry have gone through a strong rise of 27 % 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 (₦ 1,804,328.25) and the the last two years that have been analyzed (2013, 2014) with a price of ₦ 2,285,000.
The graph that displays the price for Ford Focus cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 58 % more affordable than the average price (₦ 1,882,750). Next with a price of ₦ 1,083,333 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at ₦ 1,408,140.