Ford Econovan 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 Ford Econovan cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is ₦ 2,500,000 increasing till ₦ 2,700,000 in October. The following two months the selling price went through a strong reduction of -62 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -100 % compared to the 4 previous average values going down from ₦ 1,800,000 to .