Price for Volvo

Volvo Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.

₦ 9,641,119
Average price Last 6 months
Price for Volvo

The selling price for Volvo cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of ₦ 15,194,125. This price hardly went through any changes and remained at ₦ 15,344,178 during October. The following two months the selling price went through a strong reduction of -20 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -89 % compared to the 4 previous average values going down from ₦ 13,707,076 to ₦ 1,509,205.5.

Price per registration year

The average price for Volvo has had a strong rise in recent years. Between "before 2000" and 2010, the average price is ₦ 1,005,725.94. There was a significant inflation of the average price in "before 2000" (₦ 723,571) moving up till (₦ 1,203,571)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 30 %. During the last two years, prices in the car industry have gone up 11 % 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 (₦ 1,467,916.75) and the the last two years that were studied (2013, 2014) with a price of ₦ 1,632,708.5.

Price per mileage

The graph that displays the price for Volvo cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 73 % more affordable than the average price (₦ 1,723,913). Next with a price of ₦ 477,778 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 59% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of ₦ 2,071,917.

Charts data
Average price February
Number of Volvo ads used
Num. of cars with registration year mentioned
Num. of cars with mileage mentioned
₦ 1,723,913
788
788
669
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other Volvo models
₦ 300,000
₦ 415,000
₦ 416,667
₦ 462,500
₦ 531,250
₦ 605,000
₦ 634,375
₦ 659,500
₦ 665,556
₦ 755,000
₦ 780,000
₦ 876,786
₦ 1,333,333
₦ 1,562,500
₦ 2,300,150