Ford Ka Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Ford Ka cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₦ 366,061. November went through a strong inflation with a rise in the price till ₦ 422,353. During the following two months (December, January) the average selling price rose somewhat going from ₦ 394,207 to ₦ 424,411.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 409,309.25 to ₦ 428,253.5 during February and March.
The average price for Ford Ka has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2010 to 2013, the average price was ₦ 510,555.66. Please take note of of the significant depreciation in the prices between 2010 (₦ 725,000) and 2013 (₦ 490,000).
The graph that displays the price for Ford Ka 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 23 % more affordable than the average price (₦ 430,625). Next with a price of ₦ 887,500 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 106% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 330,909.