Smart ForFour Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Smart ForFour cars have gone through a strong rise during the last 6 months. During the first month analyzed in November the average price was ₦ 357,143. December went through a strong inflation with a rise in the price till ₦ 457,143. During the following two months (January, February) the average selling price rose somewhat going from ₦ 407,143 to ₦ 457,143. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from ₦ 432,143 to ₦ 394,643 during March and April.