Toyota Tacoma Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Toyota Tacoma cars have gone through a strong rise during the last 6 months. In December the price for a car is ₦ 6,978,875 increasing till ₦ 7,947,125 in January. During the following two months (February, March) the average selling price experienced a noticeable rise, going up 31 % from ₦ 7,463,000 to ₦ 9,788,812. The average price has had spectacular rise of 19 % with an average price of ₦ 8,625,906 during the previous 4 months and ₦ 10,303,864 during the most recent months in April and May.
The average price for Toyota Tacoma has had a strong rise in recent years. Between 2000 and 2014, the average price is ₦ 4,953,562. There was a significant inflation of the average price in 2000 (₦ 1,890,000) moving up till (₦ 9,768,750)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 145 %. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (₦ 14,994,462) and the the last two years that have been analyzed (2017, 2018) with a price of ₦ 17,847,916.
The graph that displays the price for Toyota Tacoma 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 64 % more affordable than the average price (₦ 10,367,976). Next with a price of ₦ 4,225,000 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 14% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 7,316,363.