Nissan Maxima 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 Maxima cars have gone through a strong rise during the last 6 months. The average price in March was of ₦ 1,262,500. This price hardly went through any changes and remained at ₦ 1,225,053 during April. During the following two months (May, June) the average selling price experienced a noticeable rise, going up 82 % from ₦ 1,243,776.5 to ₦ 2,266,957. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from ₦ 1,755,366.75 to ₦ 1,437,747.
The average price for Nissan Maxima has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₦ 903,852.81. There was a significant inflation of the average price in "before 2000" (₦ 444,000) moving up till (₦ 2,300,000)in 2010. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -30 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 63 % 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 (₦ 1,696,071.5) and the the last two years that have been analyzed (2013, 2014) with a price of ₦ 2,758,333.5.
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 39 % more affordable than the average price (₦ 871,376). Next with a price of ₦ 576,154 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 153% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 1,229,289.