Peugeot 505 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 Peugeot 505 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 1,462,500. During November the price went trough a strong deflation till ₦ 1,095,000. The following two months the selling price went through a strong reduction of -40 % 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 ₦ 1,020,875 to .