Nissan Micra Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Nissan Micra cars has fallen during the last 6 months we have analyzed. In September the average price per vehicle is ₦ 1,100,563. During October the price went trough a strong deflation till ₦ 888,875. During the following two months (November, December) the average selling price rose somewhat going from ₦ 994,719 to ₦ 1,105,344. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 1,050,031.5 to ₦ 1,039,144 during January and February.
The average price for Nissan Micra has gone down in recent years. Between "before 2000" and 2008, the average price is ₦ 465,253. There was a significant inflation of the average price in "before 2000" (₦ 481,375) moving up till (₦ 584,615)in 2008. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -37 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 15 % 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 (₦ 344,706.75) and the the last two years that have been analyzed (2014, 2015) with a price of ₦ 396,556.5.
The graph that displays the price for Nissan Micra 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 70 % more affordable than the average price (₦ 926,163). Next with a price of ₦ 708,250 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 109% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 1,619,300.