Toyota Aygo 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 Toyota Aygo cars has fallen during the last 6 months we have analyzed. In October the price for a car is ₦ 546,000 increasing till ₦ 596,341 in November. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from ₦ 518,828.5 to ₦ 406,116.
The average price for Toyota Aygo has had a strong rise in recent years. Between 2002 and 2007, the average price is ₦ 698,611.31. There was a significant inflation of the average price in 2002 (₦ 366,667) moving up till (₦ 466,667)in 2007. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -42 % compared to the previous period. During the last two years, prices in the car industry have gone up 9 % 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 (₦ 440,892.75) and the the last two years that were studied (2012, 2013) with a price of ₦ 479,166.5.
The graph that displays the price for Toyota Aygo 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 1 % more affordable than the average price (₦ 406,286). Next with a price of ₦ 412,500 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 35% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 412,500.