Cadillac CTS 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 Cadillac CTS cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in November the average price was ₦ 1,432,500. December went through a strong inflation with a rise in the price till ₦ 1,790,000. The following two months the selling price went through a strong reduction of -53 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -66 % compared to the 4 previous average values going down from ₦ 1,182,684 to ₦ 396,666.5.
The average price for Cadillac CTS has remained constant in recent years. During 2003 and 2009, the average price was ₦ 379,166.5. During this period, prices pretty much remained constant.
The graph that displays the price for Cadillac CTS 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 9 % more affordable than the average price (₦ 383,333). Next with a price of ₦ 387,500 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 17% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 387,500.