Lexus RX Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Lexus RX cars have increased during the last 6 months. During the first month analyzed in April the average price was ₦ 3,858,005. May went through a strong inflation with a rise in the price till ₦ 5,419,588. The average selling price has remained fairly constant during the following two months, going from ₦ 4,638,796.5 to ₦ 4,660,953.5. In the last two months, the price has gone through a strong devaluation of -36 % compared to the 4 previous average values going down from ₦ 4,649,875 to ₦ 2,974,500.5.
The average price for Lexus RX has had a strong rise in recent years. Between "before 2000" y 2013, the average price is ₦ 1,841,609.62. There was a price inflation going from (₦ 2,350,000) to (₦ 2,607,143). During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 78 %. During the last two years, prices in the car industry have gone through a strong rise of 75 % 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 (₦ 13,003,125) and the the last two years that have been analyzed (2016, 2018) with a price of ₦ 22,731,250.
The graph that displays the price for Lexus RX 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 58 % more affordable than the average price (₦ 3,343,506). Next with a price of ₦ 1,443,750 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 64% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of ₦ 4,114,450.
"Petrol" priced at ₦ 4,302,381 is the most expensive fuel type when taking into account the average fuel price for Lexus RX cars. It is is 29 % dearer than the average selling price (!PRECIO2!). "Petrol" is the most expensive type of fuel and it is 29 % more costly than the average market value previously analyzed.