Toyota Crown 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 Crown cars has had a strong depreciation during the last 6 months we have studied. In May the average price per vehicle is ₦ 1,516,667. During June the price went trough a strong deflation till ₦ 787,500. The following two months the selling price went through a strong reduction of -53 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -25 % compared to the 4 previous average values going down from ₦ 846,875 to ₦ 637,500.