Toyota Coaster 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 Coaster cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of ₦ 16,566,125. This price hardly went through any changes and remained at ₦ 16,767,500 during October. The following two months (November, December) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -39 % compared to the 4 previous average values going down from ₦ 15,492,104 to ₦ 9,463,194.
The average price for Toyota Coaster has had a strong rise in recent years. Between 2013 and 2015, the average price is ₦ 7,368,750. There was a significant inflation of the average price in 2013 (₦ 2,987,500) moving up till (₦ 11,750,000)in 2015.