Peugeot 508 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 508 cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in October the average price was ₦ 8,776,875. November went through a strong inflation with a rise in the price till ₦ 10,150,000. The following two months the selling price went through a strong reduction of -21 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from ₦ 8,492,032 to ₦ 5,227,500.