Lexus ES Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Lexus ES cars has fallen during the last 6 months we have analyzed. During the first month analyzed in September the average price was ₦ 4,016,549. October went through a strong inflation with a rise in the price till ₦ 4,868,125. The following two months the selling price went through a strong reduction of -52 % compared to the previous two months studied. The average price has had spectacular rise of 37 % with an average price of ₦ 3,283,324.75 during the previous 4 months and ₦ 4,497,378.5 during the most recent months in January and February.
The average price for Lexus ES has had a strong rise in recent years. Between 2000 and 2018, the average price is ₦ 2,248,858. There was a significant inflation of the average price in 2000 (₦ 537,500) moving up till (₦ 15,733,333)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 96 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 4,594,821.5 in 2021 and ₦ 4,782,143 during 2023.
The graph that displays the price for Lexus ES 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 4 % more affordable than the average price (₦ 4,944,038). Next with a price of ₦ 5,745,000 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 23% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of ₦ 5,745,000.
The graph showing the average price for the fuel type for Lexus ES cars points out to "Diesel" as being the cheapest fuel type. It is 68 % less expensive than the average market price (₦ 4,944,038) followed by "Petrol" priced at ₦ 4,322,513. On average the cheapest type of fuel is "Gas". It´s price is 8 % more affordable than the average market value followed by "Petrol" with a price of ₦ 4,322,513.