Peugeot 206 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 Peugeot 206 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 2,120,500. During November the price went trough a strong deflation till ₦ 1,718,375. The following two months the selling price went through a strong reduction of -40 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -47 % compared to the 4 previous average values going down from ₦ 1,539,824.25 to ₦ 822,967.
The average price for Peugeot 206 has become more expensive in recent years. During 2003 and 2003, the average price was ₦ 911,111. During this period, prices pretty much remained constant. During the next two years (2004, 2005), the average price went up 11 % moving from !PRECIO1! to ₦ 1,014,844, During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 1,029,172 in 2006 and ₦ 1,043,500 during 2010.
The graph that displays the price for Peugeot 206 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 25 % more affordable than the average price (₦ 854,342). Next with a price of ₦ 1,776,667 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 151% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 1,776,667.