Toyota Alphard 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 Toyota Alphard cars have gone through a strong rise during the last 6 months. During the first month analyzed in July the average price was ₦ 463,333. August went through a strong inflation with a rise in the price till ₦ 722,500. During the following two months (September, October) the average selling price experienced a noticeable rise, going up 87 % from ₦ 592,916.5 to ₦ 1,109,350. The average price has had spectacular rise of 77 % with an average price of ₦ 851,133.25 during the previous 4 months and ₦ 1,509,350 during the most recent months in November and December.