Lexus GS 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 Lexus GS cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 2,424,353. During November the price went trough a strong deflation till . During the following two months (December, January) the average selling price experienced a noticeable rise, going up 63 % from ₦ 1,212,176.5 to ₦ 1,970,590. In the last two months, the price has gone through a strong devaluation of -48 % compared to the 4 previous average values going down from ₦ 1,591,383.25 to ₦ 820,836.