Volkswagen Touareg Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Volkswagen Touareg cars has fallen during the last 6 months we have analyzed. The average price in October was of ₦ 948,750. This price hardly went through any changes and remained at ₦ 902,321 during November. The average selling price has remained fairly constant during the following two months, going from ₦ 925,535.5 to ₦ 969,464.5. In the last two months, the price has gone through a strong devaluation of -26 % compared to the 4 previous average values going down from ₦ 947,500 to ₦ 703,356.
The average price for Volkswagen Touareg has had a strong rise in recent years. Between 2004 and 2010, the average price is ₦ 1,099,404.75. There was a significant inflation of the average price in 2004 (₦ 762,500) moving up till (₦ 950,000)in 2010. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -60 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 44 % 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 (₦ 782,142.75) and the the last two years that have been analyzed (2013, 2014) with a price of ₦ 1,125,000.
The graph that displays the price for Volkswagen Touareg cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 58 % more affordable than the average price (₦ 712,069). Next with a price of ₦ 647,059 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 341% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₦ 1,316,667.