Mercedes Benz C200 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 Mercedes Benz C200 cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of ₦ 1,542,632. This price hardly went through any changes and remained at ₦ 1,617,000 during November. The following two months the selling price went through a strong reduction of -28 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -47 % compared to the 4 previous average values going down from ₦ 1,361,626.75 to ₦ 720,459.5.
The average price for Mercedes Benz C200 has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2002 to 2010, the average price was ₦ 1,199,583.38. Please take note of of the significant depreciation in the prices between 2002 (₦ 1,600,000) and 2010 (₦ 380,000).
The graph that displays the price for Mercedes Benz C200 cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 39 % more affordable than the average price (₦ 590,625). Next with a price of ₦ 1,158,333 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 106% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of ₦ 1,158,333.