Toyota Celica 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 Celica cars has fallen during the last 6 months we have analyzed. The average price in September was of ₦ 532,903. This price hardly went through any changes and remained at ₦ 508,852 during October. The average selling price has remained fairly constant during the following two months, going from ₦ 520,877.5 to ₦ 519,147. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from ₦ 520,012.25 to ₦ 490,662 during January and February.
The average price for Toyota Celica has had a strong rise in recent years. Between "before 2000" and 2008, the average price is ₦ 613,645.88. There was a significant inflation of the average price in "before 2000" (₦ 325,000) moving up till (₦ 1,140,000)in 2008. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -16 % compared to the previous period. During the last two years, prices in the car industry have experienced a depreciation of -12 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₦ 461,375) and the the last two years analyzed (2012, 2013) with a price of ₦ 405,000.
The graph that displays the price for Toyota Celica cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 10 % more affordable than the average price (₦ 536,250). Next with a price of ₦ 528,000 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 33% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of ₦ 600,000.