Land Rover LR4 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 Land Rover LR4 cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₦ 8,944,118. During November there was a slight reduction in the selling prices dropping till ₦ 7,672,222. The following two months the selling price went through a strong reduction of -26 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -26 % compared to the 4 previous average values going down from ₦ 7,247,043 to ₦ 5,350,000.