Fiat 500 Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Fiat 500 cars have gone through a strong rise during the last 6 months. The average price in November was of ₦ 400,000. This price hardly went through any changes and remained at ₦ 383,333 during December. During the following two months (January, February) the average selling price experienced a noticeable rise, going up 75 % from ₦ 391,666.5 to ₦ 685,714. In the last two, the price has gone through a -5 % devaluation compared to the previous average values going down from ₦ 538,690.25 to ₦ 511,607 during March and April.