Mercedes Benz 350 Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mercedes Benz 350 cars has fallen during the last 6 months we have analyzed. The average price in October was of ₦ 633,043. This price hardly went through any changes and remained at ₦ 644,706 during November. The following two months (December, January) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -10 % devaluation compared to the previous average values going down from ₦ 619,832.5 to ₦ 557,812.5 during February and March.
The average price for Mercedes Benz 350 has had a strong rise in recent years. Between 2006 and 2010, the average price is ₦ 705,625. There was a significant inflation of the average price in 2006 (₦ 612,500) moving up till (₦ 798,750)in 2010.
The graph that displays the price for Mercedes Benz 350 cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 30 % more affordable than the average price (₦ 558,750). Next with a price of ₦ 549,091 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 2% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at ₦ 390,000.