Toyota FJ Cruiser 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 FJ Cruiser cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of ₦ 2,373,000. This price hardly went through any changes and remained at ₦ 2,408,625 during October. 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 months, the price has gone through a strong devaluation of -74 % compared to the 4 previous average values going down from ₦ 2,201,017.75 to ₦ 567,703.
The average price for Toyota FJ Cruiser has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2007 to 2008, the average price was ₦ 1,147,083.5. Please take note of of the significant depreciation in the prices between 2007 (₦ 1,506,667) and 2008 (₦ 787,500). During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -36 % compared to the previous period. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 724,943.25 in 2012 and ₦ 711,250 during 2013.
The graph that displays the price for Toyota FJ Cruiser cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 28 % more affordable than the average price (₦ 586,739). Next with a price of ₦ 524,848 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 314% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 725,000.