Jeep Compass 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 Compass cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 911,765. During November the price went trough a strong deflation till ₦ 696,429. The following two months (December, January) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 758,504.5 to ₦ 742,747 during February and March.
The average price for Jeep Compass has become more expensive in recent years. Between 2007 and 2011, the average price is ₦ 830,208.25. There was a significant inflation of the average price in 2007 (₦ 750,000) moving up till (₦ 1,333,333)in 2011.