Nissan Sentra 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 Sentra cars has had a strong depreciation during the last 6 months we have studied. The average price for February is R 129 233. During March there was a slight reduction in the selling prices dropping till R 115 599. The following two months (April, May) the selling price went through a devaluation of -8 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 -25 % compared to the 4 previous average values going down from R 117 539,5 to R 87 619,5.
The average price for Nissan Sentra has had a strong rise in recent years. Between "before 2000" and 2002, the average price is R 36 840,25. There was a significant inflation of the average price in "before 2000" (R 35 849) moving up till (R 43 967)in 2002. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 276 %. During the last two years, prices in the car industry have gone up 8 % 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 (R 150 137) and the the last two years that were studied (2015, 2016) with a price of R 161 623,5.
The graph that displays the price for Nissan Sentra cars according to their mileage shows that those cars within a mileage range of "less than 10 000" are the ones with the lowest price. They are 69 % more affordable than the average price (R 92 839). Next with a price of R 30 930 and a mileage range of "more than 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "50 000 - 100 000". It is 51% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 72 468.