Toyota Alphard 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 Toyota Alphard cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is ₦ 5,900,000. During March the price went trough a strong deflation till ₦ 350,000. The following two months the selling price went through a strong reduction of -94 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -72 % compared to the 4 previous average values going down from ₦ 1,650,000 to ₦ 463,333.