Toyota Caldina 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 Toyota Caldina cars has had a strong depreciation during the last 6 months we have studied. In January the average price per vehicle is ₦ 900,000. During February the price went trough a strong deflation till ₦ 550,000. The following two months the selling price went through a strong reduction of -40 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -27 % compared to the 4 previous average values going down from ₦ 581,759.75 to ₦ 423,655.
The average price for Toyota Caldina has become more expensive in recent years. Between 2002 and 2009, the average price is ₦ 454,305.5. There was a significant inflation of the average price in 2002 (₦ 407,500) moving up till (₦ 525,000)in 2009. During the next two years (2010, 2011), the average price went up 8 % moving from !PRECIO1! to ₦ 490,000, During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 472,625 in 2012 and ₦ 455,250 during 2013.
The graph that displays the price for Toyota Caldina cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 5 % more affordable than the average price (₦ 418,889). Next with a price of ₦ 402,800 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 63% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₦ 500,000.