Hyundai Veracruz Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Hyundai Veracruz cars have remained constant in the last 6 months. The average price for May is ₦ 4,626,667. During June there was a slight reduction in the selling prices dropping till ₦ 4,176,071. The average selling price has remained fairly constant during the following two months, going from ₦ 4,401,369 to ₦ 4,331,490. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₦ 4,774,937) during September and October.
The average price for Hyundai Veracruz has had a strong rise in recent years. Between 2007 and 2008, the average price is ₦ 4,165,791.5. There was a significant inflation of the average price in 2007 (₦ 3,590,000) moving up till (₦ 4,741,583)in 2008. During the next two years (2009, 2010), the average price went up 15 % moving from !PRECIO1! to ₦ 4,780,952, During the last two years, prices in the car industry have gone up 8 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₦ 5,192,976) and the the last two years that were studied (2011, 2012) with a price of ₦ 5,605,000.
The graph that displays the price for Hyundai Veracruz 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 17 % more affordable than the average price (₦ 4,718,692). Next with a price of ₦ 4,793,750 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 8% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 4,793,750.