Toyota Conquest Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Toyota Conquest cars have gone through a strong rise during the last 6 months. The average price in January was of . This price hardly went through any changes and remained at during February. During the following two months (March, April) the average selling price experienced a noticeable rise, going up 2147483647 % from to ₦ 422,320.5. The average price has had spectacular rise of 98 % with an average price of ₦ 211,160.25 during the previous 4 months and ₦ 418,078 during the most recent months in May and June.
The average price for Toyota Conquest has had a strong rise in recent years. During the first sample analyzed (2006 - 2009), the average selling price stood at ₦ 362,625. During this time, the price for 2006 which was ₦ 380,000 decreased to ₦ 358,000 during 2009. During the next two years (2010, 2011) the price for the aforementioned model has gone up strongly a 265 %. During the last two years, the car industry has had a strong deflation in its selling prices of -52 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₦ 868,437.5) and the the last two years (2013, 2014) with a price of ₦ 415,000.
The graph that displays the price for Toyota Conquest 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 (₦ 402,292). Next with a price of ₦ 363,333 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 7% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₦ 415,000.