Volvo S80 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 S80 cars has had a strong depreciation during the last 6 months we have studied. In September the average price per vehicle is ₦ 1,165,217. During October the price went trough a strong deflation till ₦ 942,105. The following two months (November, December) the selling price went through a devaluation of -14 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -35 % compared to the 4 previous average values going down from ₦ 977,810.75 to ₦ 636,120.5.
The graph that displays the price for Volvo S80 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 64 % more affordable than the average price (₦ 876,786). Next with a price of ₦ 3,106,250 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "more than 200,000". It is 254% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₦ 318,750.