Nissan Maxima Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Nissan Maxima cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is ₦ 1,892,000. During March the price went trough a strong deflation till ₦ 1,565,692. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 18 % from ₦ 1,728,846 to ₦ 2,041,995.5. In the last two months, the price has gone through a strong devaluation of -40 % compared to the 4 previous average values going down from ₦ 1,885,420.75 to ₦ 1,124,900.
The average price for Nissan Maxima has had a strong rise in recent years. Between "before 2000" and 2009, the average price is ₦ 1,294,557.25. There was a significant inflation of the average price in "before 2000" (₦ 587,143) moving up till (₦ 2,175,000)in 2009. During the next two years (2010, 2011) the price for the aforementioned model has gone up strongly a 34 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 1,828,959.25 in 2012 and ₦ 1,917,222 during 2013.
The graph that displays the price for Nissan Maxima cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 47 % more affordable than the average price (₦ 1,109,175). Next with a price of ₦ 638,169 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 140% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 2,538,222.