Mazda 2 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 Mazda 2 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 2,154,444. During November the price went trough a strong deflation till ₦ 1,611,250. During the following two months (December, January) the average selling price rose somewhat going from ₦ 1,882,847 to ₦ 1,997,083.5. In the last two months, the price has gone through a strong devaluation of -40 % compared to the 4 previous average values going down from ₦ 1,939,965.25 to ₦ 1,170,250.