Toyota Tundra 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 Tundra cars have increased during the last 6 months. The average price in January was of ₦ 11,353,474. This price hardly went through any changes and remained at ₦ 11,412,000 during February. During the following two months (March, April) the average selling price rose somewhat going from ₦ 11,382,737 to ₦ 12,437,034. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 11,909,886 to ₦ 12,079,123 during May and June.
The average price for Toyota Tundra has had a strong rise in recent years. Between 2000 and 2013, the average price is ₦ 4,432,189. There was a significant inflation of the average price in 2000 (₦ 1,520,000) moving up till (₦ 8,760,000)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 238 %. During the last two years, prices in the car industry have gone up 15 % 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 (₦ 17,510,796) and the the last two years that were studied (2016, 2017) with a price of ₦ 20,053,408.
The graph that displays the price for Toyota Tundra 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 72 % more affordable than the average price (₦ 12,287,179). Next with a price of ₦ 3,450,526 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 33% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at ₦ 7,643,893.