Toyota Corona 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 Corona cars has had a strong depreciation during the last 6 months we have studied. In May the average price per vehicle is ₦ 1,808,333. During June the price went trough a strong deflation till ₦ 1,472,727. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from ₦ 1,509,868 to ₦ 1,380,182 during September and October.
The average price for Toyota Corona has had a strong rise in recent years. Between "before 2000" and 2005, the average price is ₦ 688,750. There was a significant inflation of the average price in "before 2000" (₦ 616,250) moving up till (₦ 1,000,000)in 2005.
The graph that displays the price for Toyota Corona cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 59 % more affordable than the average price (₦ 1,677,239). Next with a price of ₦ 971,698 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 91% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 971,698.