Nissan Sentra 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 Sentra cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of ₦ 2,562,857. This price hardly went through any changes and remained at ₦ 2,569,756 during November. The following two months the selling price went through a strong reduction of -47 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -61 % compared to the 4 previous average values going down from ₦ 1,969,448.5 to ₦ 760,728.5.
The average price for Nissan Sentra has had a strong rise in recent years. Between 2001 and 2007, the average price is ₦ 733,333.31. There was a significant inflation of the average price in 2001 (₦ 300,000) moving up till (₦ 1,525,000)in 2007. During the next two years (2008, 2009) the price for the aforementioned model has gone up strongly a 74 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 1,270,407.25 in 2010 and ₦ 1,262,500 during 2012.
The graph that displays the price for Nissan Sentra 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 51 % more affordable than the average price (₦ 790,357). Next with a price of ₦ 475,000 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 272% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 1,509,375.