Toyota Sequoia 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 Sequoia cars have increased during the last 6 months. In July the average price per vehicle is ₦ 1,623,000. During August the price went trough a strong deflation till ₦ 1,275,000. During the following two months (September, October) the average selling price experienced a noticeable rise, going up 70 % from ₦ 1,449,000 to ₦ 2,456,250. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from ₦ 1,952,625 to ₦ 1,220,000.
The average price for Toyota Sequoia has had a strong rise in recent years. Between 2003 y 2005, the average price is ₦ 1,962,500. There was a price inflation going from (₦ 1,850,000) to (₦ 2,075,000). During the next two years the average price(₦ 1,943,750) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 22 % 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 (₦ 2,488,541.75) and the the last two years that have been analyzed (2008, 2020) with a price of ₦ 3,033,333.5.