Volvo S40 Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Volvo S40 cars have remained constant in the last 6 months. In October the price for a car is ₦ 637,083 increasing till ₦ 691,111 in November. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. The average price has risen 12 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₦ 680,702.5) during February and March.
The average price for Volvo S40 has had a strong rise in recent years. Between 2005 and 2011, the average price is ₦ 575,694.25. There was a significant inflation of the average price in 2005 (₦ 373,333) moving up till (₦ 675,000)in 2011.
The graph that displays the price for Volvo S40 cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 36 % more affordable than the average price (₦ 701,905). Next with a price of ₦ 705,625 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 1% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₦ 450,000.