Toyota Tacoma 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 Tacoma cars have increased during the last 6 months. In February the price for a car is ₦ 9,156,500 increasing till ₦ 10,421,125 in March. During the following two months (April, May) the average selling price rose somewhat going from ₦ 9,788,812 to ₦ 10,303,864. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 10,046,338 to ₦ 10,454,750 during June and July.
The average price for Toyota Tacoma has had a strong rise in recent years. Between "before 2000" and 2014, the average price is ₦ 4,886,756. There was a significant inflation of the average price in "before 2000" (₦ 1,871,250) moving up till (₦ 9,743,750)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 194 %. During the last two years, prices in the car industry have gone up 7 % 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 (₦ 15,512,690) and the the last two years that were studied (2017, 2018) with a price of ₦ 16,658,333.
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 60 % more affordable than the average price (₦ 10,712,875). Next with a price of ₦ 5,572,400 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 30% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₦ 7,123,250.