Nissan 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 Nissan cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 1,847,488. November went through a strong inflation with a rise in the price till ₱ 3,024,750. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 31 % from ₱ 2,436,119 to ₱ 3,200,300. The average price has had spectacular rise of 46 % with an average price of ₱ 2,818,209.5 during the previous 4 months and ₱ 4,121,830.5 during the most recent months in February and March.
The average price for Nissan has had a strong rise in recent years. Between "before 2000" and 2019, the average price is ₱ 533,127.81. There was a significant inflation of the average price in "before 2000" (₱ 187,000) moving up till (₱ 1,409,738)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 111 %. During the last two years, prices in the car industry have gone up 14 % 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 (₱ 1,309,065.25) and the the last two years that were studied (2022, 2023) with a price of ₱ 1,490,692.5.
The graph that displays the price for Nissan 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 93 % more affordable than the average price (₱ 6,338,949). Next with a price of ₱ 685,700 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 21% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 2,966,624.
The graph showing the average price for the fuel type for Nissan cars points out to "Gasoline" as being the cheapest fuel type. It is 93 % less expensive than the average market price (₱ 6,338,949) followed by "Diesel" priced at ₱ 607,075. On average the cheapest type of fuel is "Gas". It´s price is 87 % more affordable than the average market value followed by "Diesel" with a price of ₱ 607,075.
The graph showing the average price for Nissan cars displays those with 3 doors as the cheapest ones. They are 97 % more affordable than the average price (₱ 6,338,949). These are followed by those with 5 doors with an average price of ₱ 207,338. Cars with the lowest price have 4 doors and are 96 % cheaper than the average previously displayed.