Ford Excursion 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 Excursion cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of ₦ 11,600,000. This price hardly went through any changes and remained at ₦ 11,600,000 during November. The following two months the selling price went through a strong reduction of -61 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -32 % compared to the 4 previous average values going down from ₦ 8,033,333 to ₦ 5,500,000.