Lexus GX 470 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 GX 470 cars have gone through a strong rise during the last 6 months. During the first month analyzed in January the average price was ₦ 3,431,505. February went through a strong inflation with a rise in the price till ₦ 4,491,987. During the following two months (March, April) the average selling price rose somewhat going from ₦ 3,961,746 to ₦ 4,238,860.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 4,100,303.25 to ₦ 4,056,680.5 during May and June.
The average price for Lexus GX 470 has had a strong rise in recent years. Between 2004 and 2008, the average price is ₦ 4,493,333. There was a significant inflation of the average price in 2004 (₦ 3,740,000) moving up till (₦ 6,250,000)in 2008.
The graph that displays the price for Lexus GX 470 cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 9 % more affordable than the average price (₦ 4,045,714). Next with a price of ₦ 3,808,824 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 85% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 4,493,750.