Toyota Estima 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 Estima cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 608,889. During November the price went trough a strong deflation till ₦ 411,111. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from ₦ 461,666.5 to ₦ 425,877 during February and March.
The average price for Toyota Estima has had a strong rise in recent years. Between 2003 and 2007, the average price is ₦ 371,666.5. There was a significant inflation of the average price in 2003 (₦ 333,333) moving up till (₦ 410,000)in 2007. During the next two years (2009, 2010) the price for the aforementioned model has gone up strongly a 33 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 499,166.5 in 2011 and ₦ 504,166.5 during 2012.
The graph that shows the price for Toyota Estima cars according to their mileage indicates that those vehicles within a mileage range of "less than 10,000" are the most expensive ones. They are 0 % more costly than the average market price (₦ 438,421). Next with a price of ₦ 450,000 and a mileage range of "50,000 - 100,000" we will see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 3% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 439,286.