Toyota Highlander Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Toyota Highlander cars have increased during the last 6 months. The average price in June was of ₦ 21,752,500. This price hardly went through any changes and remained at ₦ 22,794,375 during July. The average selling price has remained fairly constant during the following two months, going from ₦ 22,273,438 to ₦ 23,277,500. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 22,775,468 to ₦ 23,774,312 during October and November.
The average price for Toyota Highlander has had a strong rise in recent years. Between 2000 and 2015, the average price is ₦ 5,436,254. There was a significant inflation of the average price in 2000 (₦ 1,500,000) moving up till (₦ 14,295,000)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 190 %. During the last two years, prices in the car industry have gone up 13 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₦ 18,126,656) and the the last two years that were studied (2018, 2019) with a price of ₦ 20,505,312.
The graph that displays the price for Toyota Highlander cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 87 % more affordable than the average price (₦ 23,832,750). Next with a price of ₦ 6,332,875 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₦ 16,092,500.
The graph showing the average price for the fuel type for Toyota Highlander cars points out to "Diesel" as being the cheapest fuel type. It is 91 % less expensive than the average market price (₦ 23,832,750) followed by "Petrol" priced at ₦ 5,913,762. On average the cheapest type of fuel is "Petrol". It´s price is 75 % more affordable than the average market value followed by "Diesel" with a price of ₦ 2,071,333.