Price for Toyota Avensis

The selling price for Toyota Avensis cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 4,917,875. During November the price went trough a strong deflation till ₦ 3,986,875. The following two months the selling price went through a strong reduction of -45 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -65 % compared to the 4 previous average values going down from ₦ 3,454,062.5 to ₦ 1,213,064.

The average price for Toyota Avensis has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₦ 773,082.69. There was a significant inflation of the average price in "before 2000" (₦ 540,000) moving up till (₦ 1,018,810)in 2010. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -30 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -22 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₦ 447,279.5) and the the last two years (2013, 2014) with a price of ₦ 350,625.

The graph that displays the price for Toyota Avensis 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 59 % more affordable than the average price (₦ 1,081,983). Next with a price of ₦ 641,775 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 95% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 1,984,167.