Hyundai Accent Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Hyundai Accent cars have increased during the last 6 months. The average price in December was of ₦ 1,534,580. This price hardly went through any changes and remained at ₦ 1,590,130 during January. During the following two months (February, March) the average selling price rose somewhat going from ₦ 1,562,355 to ₦ 1,679,937.5. The average price has risen 8 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₦ 1,750,250) during April and May.
The average price for Hyundai Accent has had a strong rise in recent years. Between "before 2000" and 2012, the average price is ₦ 819,107.19. There was a significant inflation of the average price in "before 2000" (₦ 533,333) moving up till (₦ 1,497,463)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 107 %. During the last two years, prices in the car industry have gone through a strong rise of 26 % 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 (₦ 2,293,042.5) and the the last two years that have been analyzed (2015, 2016) with a price of ₦ 2,892,708.5.
The graph that displays the price for Hyundai Accent 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 55 % more affordable than the average price (₦ 1,807,875). Next with a price of ₦ 908,276 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 9% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₦ 1,625,147.