BMW 523i 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 523i cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 1,955,000. During November the price went trough a strong deflation till ₦ 1,381,250. The following two months the selling price went through a strong reduction of -33 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -71 % compared to the 4 previous average values going down from ₦ 1,395,491 to ₦ 410,000.