Mercedes Benz C350 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 C350 cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₦ 6,882,750. During November there was a slight reduction in the selling prices dropping till ₦ 5,939,875. The following two months the selling price went through a strong reduction of -48 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -69 % compared to the 4 previous average values going down from ₦ 4,875,687.5 to ₦ 1,532,212.5.
The average price for Mercedes Benz C350 has had a strong rise in recent years. Between 2007 and 2011, the average price is ₦ 1,784,083.25. There was a significant inflation of the average price in 2007 (₦ 1,000,000) moving up till (₦ 2,238,000)in 2011.
The graph that displays the price for Mercedes Benz C350 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 52 % more affordable than the average price (₦ 1,368,235). Next with a price of ₦ 750,000 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 356% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 2,350,000.