Lexus LS 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 Lexus LS cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of RM 85,437. This price hardly went through any changes and remained at RM 82,100 during November. The following two months (December, January) the selling price went through a devaluation of -9 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 -22 % compared to the 4 previous average values going down from RM 80,140.25 to RM 62,196.5.
The average price for Lexus LS has had a strong rise in recent years. Between 2008 and 2011, the average price is RM 52,319.5. There was a significant inflation of the average price in 2008 (RM 46,072) moving up till (RM 58,567)in 2011.
The graph that displays the price for Lexus LS cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 25 % more affordable than the average price (RM 59,853). Next with a price of RM 94,500 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 58% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of RM 44,858.