Toyota Run-X 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 Run-X cars has had a strong depreciation during the last 6 months we have studied. In January the average price per vehicle is ₦ 1,475,000. During February the price went trough a strong deflation till . The following two months the selling price went through a strong reduction of -29 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -17 % compared to the 4 previous average values going down from ₦ 631,656.25 to ₦ 521,875.
The average price for Toyota Run-X has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2000 to 2009, the average price was ₦ 530,357.31. Please take note of of the significant depreciation in the prices between 2000 (₦ 616,667) and 2009 (₦ 471,667). During the next two years the average price(₦ 531,809.5) has hardly changed, remaining at a constant value 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 ₦ 523,365.25 in 2012 and ₦ 514,921 during 2013.
The graph that displays the price for Toyota Run-X cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 20 % more affordable than the average price (₦ 514,125). Next with a price of ₦ 463,333 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 204% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₦ 567,857.