Nissan Murano 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 Murano cars has fallen during the last 6 months we have analyzed. In April the price for a car is ₦ 895,351 increasing till ₦ 949,875 in May. The following two months (June, July) the selling price went through a devaluation of -10 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -31 % compared to the 4 previous average values going down from ₦ 875,119 to ₦ 602,747.5.
The average price for Nissan Murano has gone down in recent years. During the first sample analyzed, going from 2003 to 2007, the average price was ₦ 655,888.81. Please take note of of the significant depreciation in the prices between 2003 (₦ 680,000) and 2007 (₦ 520,000). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -21 % compared to the previous period. During the last two years, prices in the car industry have gone up 6 % 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 (₦ 550,312.5) and the the last two years that were studied (2010, 2011) with a price of ₦ 585,000.
The graph that displays the price for Nissan Murano cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 15 % more affordable than the average price (₦ 591,136). Next with a price of ₦ 570,968 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 44% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of ₦ 787,500.