Toyota bB 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 bB cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in June the average price was ₦ 700,000. July went through a strong inflation with a rise in the price till ₦ 1,030,000. The average selling price has remained fairly constant during the following two months, going from ₦ 865,000 to ₦ 841,666.5. 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 ₦ 853,333.25 to .