Nissan Caravan 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 Caravan cars have gone through a strong rise during the last 6 months. In December the average price per vehicle is ₦ 1,987,838. During January the price went trough a strong deflation till ₦ 1,672,615. During the following two months (February, March) the average selling price rose somewhat going from ₦ 1,830,226.5 to ₦ 2,049,125. The average price has had spectacular rise of 91 % with an average price of ₦ 1,939,675.75 during the previous 4 months and ₦ 3,713,664.5 during the most recent months in April and May.
The average price for Nissan Caravan has had a strong rise in recent years. Between "before 2000" and 2005, the average price is ₦ 2,652,500. There was a significant inflation of the average price in "before 2000" (₦ 2,400,000) moving up till (₦ 2,910,000)in 2005. During the next two years (2006, 2008), the average price went up 7 % moving from !PRECIO1! to ₦ 2,847,940, During the last two years, prices in the car industry have gone up 12 % 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 (₦ 3,228,970) and the the last two years that were studied (2009, 2010) with a price of ₦ 3,610,000.
The graph that displays the price for Nissan Caravan 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 0 % more affordable than the average price (₦ 3,598,786). Next with a price of ₦ 4,264,286 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 25% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 4,264,286.