Nissan Altima Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Nissan Altima cars have remained constant in the last 6 months. The average price in December was of ₦ 2,910,125. This price hardly went through any changes and remained at ₦ 2,937,000 during January. The average selling price has remained fairly constant during the following two months, going from ₦ 2,923,562.5 to ₦ 2,845,000. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from ₦ 2,884,281.25 to ₦ 2,701,656 during April and May.
The average price for Nissan Altima has had a strong rise in recent years. Between 2002 and 2012, the average price is ₦ 2,011,485.12. There was a significant inflation of the average price in 2002 (₦ 1,125,000) moving up till (₦ 3,675,000)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 101 %. 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 (₦ 4,655,833) and the the last two years that were studied (2015, 2017) with a price of ₦ 5,270,833.5.
The graph that displays the price for Nissan Altima cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 32 % more affordable than the average price (₦ 2,632,375). Next with a price of ₦ 1,886,765 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 14% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 2,266,810.