Toyota Carina 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 Carina cars has had a strong depreciation during the last 6 months we have studied. In January the average price per vehicle is ₦ 665,409. During February the price went trough a strong deflation till ₦ 545,000. The following two months (March, April) the selling price went through a devaluation of -12 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 567,910.25 to ₦ 559,271 during May and June.
The average price for Toyota Carina has had a strong rise in recent years. Between "before 2000" and 2002, the average price is ₦ 661,852. There was a significant inflation of the average price in "before 2000" (₦ 510,556) moving up till (₦ 600,000)in 2002.
The graph that displays the price for Toyota Carina 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 13 % more affordable than the average price (₦ 562,609). Next with a price of ₦ 570,000 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 154% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 650,000.