Mazda Tribute 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 Tribute cars has had a strong depreciation during the last 6 months we have studied. In November the average price per vehicle is ₦ 1,716,667. During December the price went trough a strong deflation till ₦ 1,002,941. The following two months the selling price went through a strong reduction of -42 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -31 % compared to the 4 previous average values going down from ₦ 1,077,174.75 to ₦ 744,337.
The average price for Mazda Tribute has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2002 to 2005, the average price was ₦ 625,000. Please take note of of the significant depreciation in the prices between 2002 (₦ 700,000) and 2005 (₦ 550,000).