Nissan Quest 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 Quest cars have gone through a strong rise during the last 6 months. During the first month analyzed in March the average price was ₦ 1,424,375. April went through a strong inflation with a rise in the price till ₦ 3,415,385. During the following two months (May, June) the average selling price experienced a noticeable rise, going up 26 % from ₦ 2,419,880 to ₦ 3,038,755. In the last two months, the price has gone through a strong devaluation of -17 % compared to the 4 previous average values going down from ₦ 2,729,317.5 to ₦ 2,258,164.
The average price for Nissan Quest has had a strong rise in recent years. Between "before 2000" and 2006, the average price is ₦ 1,268,300. There was a significant inflation of the average price in "before 2000" (₦ 950,000) moving up till (₦ 1,496,000)in 2006. During the next two years (2008, 2011) the price for the aforementioned model has gone up strongly a 139 %. During the last two years, prices in the car industry have gone through a strong rise of 29 % 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 (₦ 4,289,553.5) and the the last two years that have been analyzed (2012, 2013) with a price of ₦ 5,542,857.
The graph that displays the price for Nissan Quest 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 17 % more affordable than the average price (₦ 2,298,028). Next with a price of ₦ 3,250,000 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 118% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 3,250,000.