Lexus GS 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 Lexus GS cars have gone through a strong rise during the last 6 months. The average price in April was of ₦ 1,065,828. This price hardly went through any changes and remained at ₦ 1,096,818 during May. During the following two months (June, July) the average selling price rose somewhat going from ₦ 1,081,323 to ₦ 1,196,944.5. The average price has had spectacular rise of 86 % with an average price of ₦ 1,139,133.75 during the previous 4 months and ₦ 2,122,648.5 during the most recent months in August and September.
The average price for Lexus GS has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2006 to 2013, the average price was ₦ 2,669,652.75. Please take note of of the significant depreciation in the prices between 2006 (₦ 3,425,278) and 2013 (₦ 520,000).
The graph that displays the price for Lexus GS 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 21 % more affordable than the average price (₦ 2,406,897). Next with a price of ₦ 2,120,000 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 84% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 4,150,000.