Toyota Yaris 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 Yaris cars have gone through a strong rise during the last 6 months. During the first month analyzed in February the average price was ₦ 2,130,725. March went through a strong inflation with a rise in the price till ₦ 2,682,100. During the following two months (April, May) the average selling price rose somewhat going from ₦ 2,406,412.5 to ₦ 2,616,112.5. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 2,511,262.5 to ₦ 2,577,718.5 during June and July.
The average price for Toyota Yaris has had a strong rise in recent years. Between 2000 and 2013, the average price is ₦ 1,311,595.75. There was a significant inflation of the average price in 2000 (₦ 1,190,000) moving up till (₦ 2,155,556)in 2013. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 301 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 5,326,984 in 2017 and ₦ 5,392,857 during 2018.
The graph that displays the price for Toyota Yaris 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 58 % more affordable than the average price (₦ 2,557,312). Next with a price of ₦ 1,291,396 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 33% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₦ 1,620,274.