Ford Granada 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 Granada cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of ₦ 383,333. This price hardly went through any changes and remained at ₦ 375,000 during November. The following two months the selling price went through a strong reduction of -45 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -29 % compared to the 4 previous average values going down from ₦ 293,750 to ₦ 208,333.5.