Iveco 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 Iveco cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is ₦ 12,833,750. During December the price went trough a strong deflation till ₦ 10,309,500. The following two months the selling price went through a strong reduction of -100 % 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 ₦ 5,785,812.5 to .