Volvo XC70 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 XC70 cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in October the average price was ₦ 1,116,000. November went through a strong inflation with a rise in the price till ₦ 1,490,000. The following two months the selling price went through a strong reduction of -36 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -29 % compared to the 4 previous average values going down from ₦ 1,066,009 to ₦ 753,125.