Blue Bird 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 Blue Bird cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 10,300,000. During November the price went trough a strong deflation till ₦ 8,000,000. The following two months the selling price went through a strong reduction of -56 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -100 % compared to the 4 previous average values going down from ₦ 6,575,000 to .