Toyota Echo 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 Echo cars has fallen during the last 6 months we have analyzed. The average price for May is ₦ 1,083,684. During June there was a slight reduction in the selling prices dropping till ₦ 966,875. During the following two months (July, August) the average selling price rose somewhat going from ₦ 1,025,279.5 to ₦ 1,089,697.5. In the last two, the price has gone through a -10 % devaluation compared to the previous average values going down from ₦ 1,057,488.5 to ₦ 946,818 during September and October.
The average price for Toyota Echo has had a strong rise in recent years. Between 2001 and 2004, the average price is ₦ 860,833.31. There was a significant inflation of the average price in 2001 (₦ 386,667) moving up till (₦ 1,012,500)in 2004.
The graph that displays the price for Toyota Echo 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 22 % more affordable than the average price (₦ 902,636). Next with a price of ₦ 1,142,500 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 27% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 702,500.