Lexus LX 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 LX cars has had a strong depreciation during the last 6 months we have studied. In June the price for a car is ₦ 2,963,636 increasing till ₦ 3,361,957 in July. The following two months the selling price went through a strong reduction of -36 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -93 % compared to the 4 previous average values going down from ₦ 2,590,121.75 to ₦ 179,375.