Nissan 1400 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 Nissan 1400 cars have gone through a strong rise during the last 6 months. During the first month analyzed in May the average price was . June went through a strong inflation with a rise in the price till ₦ 4,000,000. The following two months the selling price went through a strong reduction of -90 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -65 % compared to the 4 previous average values going down from ₦ 1,103,235.25 to ₦ 390,385.
The average price for Nissan 1400 has had a strong rise in recent years. Between "before 2000" and 2008, the average price is ₦ 347,916.75. There was a significant inflation of the average price in "before 2000" (₦ 250,000) moving up till (₦ 425,000)in 2008. During the next two years (2009, 2010), the average price went up 11 % moving from !PRECIO1! to ₦ 386,250, During the last two years, prices in the car industry have gone up 13 % 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 (₦ 446,458.25) and the the last two years that were studied (2012, 2014) with a price of ₦ 506,666.5.
The graph that displays the price for Nissan 1400 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 15 % more affordable than the average price (₦ 390,385). Next with a price of ₦ 435,000 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 102% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₦ 453,333.