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 January was of ₦ 1,364,465. This price hardly went through any changes and remained at ₦ 1,424,308 during February. During the following two months (March, April) the average selling price rose somewhat going from ₦ 1,394,386.5 to ₦ 1,509,108.5. 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 (₦ 1,610,437.5) during May and June.
The average price for Toyota Picnic has had a strong rise in recent years. Between "before 2000" y 2003, the average price is ₦ 1,135,870. There was a price inflation going from (₦ 935,278) to (₦ 1,043,333). During the next two years (2004, 2005) the price for the aforementioned model has gone up strongly a 23 %. During the last two years, the car industry has had a strong deflation in its selling prices of -24 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (₦ 1,128,125) and the the last two years (2006, 2007) with a price of ₦ 856,250.
The graph that displays the price for Toyota Picnic 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 67 % more affordable than the average price (₦ 1,586,500). Next with a price of ₦ 838,824 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "100,000 - 200,000". It is 18% less expensive than the average market value followed by those cars with a mileage of "more than 200,000" priced at ₦ 1,214,286.