Nissan Cefiro 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 Cefiro cars have gone through a strong rise during the last 6 months. During the first month analyzed in February the average price was ₱ 169,133. March went through a strong inflation with a rise in the price till ₱ 204,070. During the following two months (April, May) the average selling price rose somewhat going from ₱ 186,601.5 to ₱ 204,524. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 215,193.5) during June and July.
The average price for Nissan Cefiro has had a strong rise in recent years. Between "before 2000" and 2002, the average price is ₱ 320,431.25. There was a significant inflation of the average price in "before 2000" (₱ 155,395) moving up till (₱ 730,857)in 2002. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -30 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 23 % 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 (₱ 292,611) and the the last two years that have been analyzed (2005, 2006) with a price of ₱ 360,750.
The graph that displays the price for Nissan Cefiro 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 51 % more affordable than the average price (₱ 224,737). Next with a price of ₱ 160,000 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 1% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 214,284.