Nissan 1400 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 1400 cars has had a strong depreciation during the last 6 months we have studied. The average price for May is R 81 047. During June there was a slight reduction in the selling prices dropping till R 73 821. The following two months (July, August) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from R 72 165,5 to R 59 223,5.
The average price for Nissan 1400 has had a strong rise in recent years. Between "before 2000" and 2008, the average price is R 48 070,9. There was a significant inflation of the average price in "before 2000" (R 32 128) moving up till (R 55 126)in 2008. During the next two years (2009, 2013) the price for the aforementioned model has gone up strongly a 68 %. 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 (R 115 103,75) and the the last two years that have been analyzed (2016, 2018) with a price of R 149 291.
The graph that displays the price for Nissan 1400 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 46 % more affordable than the average price (R 63 009). Next with a price of R 40 908 and a mileage range of "10 000 - 25 000" we would see the following vehicles. The mileage range for the most affordable cars is "50 000 - 100 000". It is 5% less expensive than the average market value followed by those cars with a mileage of "100 000 - 200 000" priced at R 51 492.