Toyota Picnic 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 Picnic cars have increased during the last 6 months. The average price in April was of ₦ 1,558,750. This price hardly went through any changes and remained at ₦ 1,634,375 during May. During the following two months (June, July) the average selling price rose somewhat going from ₦ 1,596,562.5 to ₦ 1,739,244. The average price has risen 11 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₦ 1,848,644) during August and September.
The average price for Toyota Picnic has had a strong rise in recent years. Between "before 2000" y 2002, the average price is ₦ 1,420,011. There was a price inflation going from (₦ 1,175,600) to (₦ 1,344,545). Cars belonging to the model aforementioned had a price deflation of -6 percent in the next two years (2003, 2004) compared to the previous two years. During the last two years, prices in the car industry have gone up 11 % 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 (₦ 1,494,112.5) and the the last two years that were studied (2005, 2006) with a price of ₦ 1,658,125.
The graph that displays the price for Toyota Picnic cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 57 % more affordable than the average price (₦ 1,849,400). Next with a price of ₦ 1,012,500 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 7% less expensive than the average market value followed by those cars with a mileage of "more than 200,000" priced at ₦ 1,550,000.