Mazda 323 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 323 cars has had a strong depreciation during the last 6 months we have studied. The average price in November was of ₦ 1,655,303. This price hardly went through any changes and remained at ₦ 1,591,406 during December. The following two months the selling price went through a strong reduction of -66 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -46 % compared to the 4 previous average values going down from ₦ 1,086,288 to ₦ 584,827.5.
The average price for Mazda 323 has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2002 to 2003, the average price was ₦ 670,000. Please take note of of the significant depreciation in the prices between 2002 (₦ 740,000) and 2003 (₦ 600,000).