Toyota Stallion 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 Stallion cars have increased during the last 6 months. The average price in October was of ₦ 398,710. This price hardly went through any changes and remained at ₦ 397,692 during November. During the following two months (December, January) the average selling price rose somewhat going from ₦ 398,201 to ₦ 426,216.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 412,208.75 to ₦ 425,031 during February and March.
The average price for Toyota Stallion has remained constant in recent years. During the first sample analyzed (2005 - 2008), the average selling price stood at ₦ 544,750. During this time, the price for 2005 which was ₦ 485,000 decreased to ₦ 414,000 during 2008. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -30 % compared to the previous period. During the last two years, prices in the car industry have gone up 8 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₦ 415,833.5) and the the last two years that were studied (2012, 2013) with a price of ₦ 448,333.5.
The graph that displays the price for Toyota Stallion cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 21 % more affordable than the average price (₦ 428,462). Next with a price of ₦ 410,526 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 83% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 410,526.