Who we offend, Nigerian journalists Ruth Osime reacts to 1976 receipt of Honda Civic worth just N3,205, latest model costs N32 million today.
This is an increase of 1004736.19% ( over 1 million percent) in less than 50 years.
According to her, the same Honda Civic, now in its eleventh-generation, is now worth approximately N32,205,000 in Nigeria. This is an increase of 1004736.19% ( over 1 million percent) in less than 50 years.
Ruth captioned her Instagram post, which included the receipt of the Honda Civic showing the name of dealership and the owner, with :
“In 1976, a Honda cost N3,205…yes you read right! Less than 50 years later…in one life time…the same car costs approximately N32,205,000!!! Do the maths. Who we offend??? 🙆🏿♀️”
The Honda Civic, now in its eleventh-generation, was introduced in July 1972 as a two-door model, followed by a three-door hatchback that September.
The Civic has been repeatedly rebadged for international markets. It currently falls between the Honda City and Honda Accord.
Civic served as the basis for the Honda CR-X, the Honda CR-X del Sol, the Concerto, the first generation Prelude, the Civic Shuttle and the CR-V.