Jeep Cherokee 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 Jeep Cherokee cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in October the average price was ₦ 2,525,000. November went through a strong inflation with a rise in the price till ₦ 2,910,000. The following two months the selling price went through a strong reduction of -63 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -74 % compared to the 4 previous average values going down from ₦ 1,862,916.75 to ₦ 477,778.