Mercedes Benz Actros Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Mercedes Benz Actros cars have remained constant in the last 6 months. In May the average price per vehicle is ₦ 16,009,375. During June the price went trough a strong deflation till ₦ 13,371,875. During the following two months (July, August) the average selling price rose somewhat going from ₦ 14,690,625 to ₦ 16,743,750. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₦ 16,865,000) during September and October.
The average price for Mercedes Benz Actros has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2007, the average price was ₦ 11,065,983. Please take note of of the significant depreciation in the prices between "before 2000" (₦ 13,696,875) and 2007 (₦ 10,612,500). During the next two years (2008, 2009), the average price went up 7 % moving from !PRECIO1! to ₦ 11,888,816, During the last two years, prices in the car industry have gone up 5 % 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 (₦ 12,546,988) and the the last two years that were studied (2010, 2011) with a price of ₦ 13,205,159.