Naza 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 Naza cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of RM 18,345. This price hardly went through any changes and remained at RM 17,507 during October. The average selling price has remained fairly constant during the following two months, going from RM 17,926 to RM 17,694.5. In the last two months, the price has gone through a strong devaluation of -54 % compared to the 4 previous average values going down from RM 17,810.25 to RM 8,228.
The average price for Naza has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2003 to 2009, the average price was RM 7,506.29. Please take note of of the significant depreciation in the prices between 2003 (RM 12,666) and 2009 (RM 6,450). During the next two years (2010, 2011) the price for the aforementioned model has gone up strongly a 65 %. During the last two years, prices in the car industry have gone up 13 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (RM 14,257.25) and the the last two years that were studied (2012, 2013) with a price of RM 16,162.5.