Toyota RAV4 Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Toyota RAV4 cars have remained constant in the last 6 months. The average price in December was of ₦ 12,113,125. This price hardly went through any changes and remained at ₦ 12,099,375 during January. The average selling price has remained fairly constant during the following two months, going from ₦ 12,106,250 to ₦ 12,155,625. 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 (₦ 13,447,188) during April and May.
The average price for Toyota RAV4 has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₦ 3,435,335. There was a significant inflation of the average price in "before 2000" (₦ 759,875) moving up till (₦ 7,851,429)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 219 %. During the last two years, prices in the car industry have gone through a strong rise of 21 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₦ 13,921,292) and the the last two years that have been analyzed (2018, 2019) with a price of ₦ 16,883,000.
The graph that displays the price for Toyota RAV4 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 78 % more affordable than the average price (₦ 13,543,750). Next with a price of ₦ 3,270,125 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 16% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₦ 8,318,500.