GMC Savana 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 GMC Savana cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₦ 4,054,545. During November there was a slight reduction in the selling prices dropping till ₦ 3,650,000. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -60 % compared to the 4 previous average values going down from ₦ 3,275,094.5 to ₦ 1,312,500.