Lexus LS 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 LS cars has had a strong depreciation during the last 6 months we have studied. The average price for December is ₦ 1,761,765. During January there was a slight reduction in the selling prices dropping till ₦ 1,662,500. The following two months the selling price went through a strong reduction of -60 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -100 % compared to the 4 previous average values going down from ₦ 1,199,816.25 to .