Nissan Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Nissan cars has had a strong depreciation during the last 6 months we have studied. In July the average price per vehicle is ₱ 3,470,150. During August the price went trough a strong deflation till ₱ 2,432,325. The following two months the selling price went through a strong reduction of -23 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 2,605,012.75 to ₱ 2,499,106.5 during November and December.
The average price for Nissan has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 304,863.88. There was a significant inflation of the average price in "before 2000" (₱ 146,269) moving up till (₱ 445,891)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 106 %. During the last two years, prices in the car industry have gone through a strong rise of 30 % 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 (₱ 895,919.75) and the the last two years that have been analyzed (2018, 2019) with a price of ₱ 1,164,735.
The graph that displays the price for Nissan 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 89 % more affordable than the average price (₱ 2,542,688). Next with a price of ₱ 304,667 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 6% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 683,649.
The graph showing the average price for the fuel type for Nissan cars points out to "Gas" as being the cheapest fuel type. It is 86 % less expensive than the average market price (₱ 2,542,688) followed by "Diesel" priced at ₱ 1,403,063. On average the cheapest type of fuel is "Gasoline". It´s price is 39 % more affordable than the average market value followed by "Diesel" with a price of ₱ 1,403,063.
The graph showing the average price for Nissan cars displays those with 3 doors as the cheapest ones. They are 99 % more affordable than the average price (₱ 2,542,688). These are followed by those with 5 doors with an average price of ₱ 538,929. Cars with the lowest average price have 4 !doors and are 76 % cheaper than the average followed by those with 2 doors with a selling price of ₱ 546,000.