Volvo S60 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 Volvo S60 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 1,450,000. During November the price went trough a strong deflation till ₦ 1,108,333. The following two months the selling price went through a strong reduction of -33 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -51 % compared to the 4 previous average values going down from ₦ 1,067,708.25 to ₦ 528,125.
The graph that displays the price for Volvo S60 cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 46 % more affordable than the average price (₦ 525,000). Next with a price of ₦ 1,250,000 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 138% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 283,333.