Toyota Sienna 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 Sienna cars have increased during the last 6 months. The average price in February was of ₦ 8,050,755. This price hardly went through any changes and remained at ₦ 8,231,880 during March. During the following two months (April, May) the average selling price experienced a noticeable rise, going up 19 % from ₦ 8,141,317.5 to ₦ 9,703,639. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 8,922,478 to ₦ 8,897,426 during June and July.
The average price for Toyota Sienna has had a strong rise in recent years. Between "before 2000" and 2016, the average price is ₦ 3,081,272. There was a significant inflation of the average price in "before 2000" (₦ 890,094) moving up till (₦ 8,943,750)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 274 %. During the last two years, prices in the car industry have gone through a strong rise of 15 % 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 (₦ 13,582,516) and the the last two years that have been analyzed (2019, 2020) with a price of ₦ 15,633,334.
The graph that displays the price for Toyota Sienna 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 81 % more affordable than the average price (₦ 8,276,948). Next with a price of ₦ 2,310,238 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 25% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at ₦ 5,984,362.
The graph showing the average price for the fuel type for Toyota Sienna cars points out to "Petrol" as being the cheapest fuel type. It is 83 % less expensive than the average market price (₦ 8,276,948) followed by "Diesel" priced at ₦ 3,600,000. On average the cheapest type of fuel is "Diesel". It´s price is 57 % more affordable than the average market value followed by "Petrol" with a price of ₦ 1,435,956.