BMW 520i 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 BMW 520i cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in October the average price was ₦ 3,340,000. November went through a strong inflation with a rise in the price till ₦ 4,087,500. The following two months (December, January) the selling price went through a devaluation of -11 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 -87 % compared to the 4 previous average values going down from ₦ 3,509,791.75 to ₦ 456,250.