Mercedes Benz CL 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 CL cars has fallen during the last 6 months we have analyzed. The average price in October was of ₦ 723,636. This price hardly went through any changes and remained at ₦ 690,357 during November. The following two months (December, January) the selling price went through a devaluation of -8 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 680,205.75 to ₦ 651,875 during February and March.
The average price for Mercedes Benz CL has had a strong rise in recent years. During 2005 and 2005, the average price was ₦ 550,000. During this period, prices pretty much remained constant. During the next two years (2008, 2009), the average price went up 10 % moving from !PRECIO1! to ₦ 606,250, During the last two years, prices in the car industry have gone through a strong rise of 27 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₦ 829,687.5) and the the last two years that have been analyzed (2010, 2011) with a price of ₦ 1,053,125.
The graph that displays the price for Mercedes Benz CL cars according to their mileage shows that those cars within a mileage range of "10,000 - 25,000" are the ones with the lowest price. They are 32 % more affordable than the average price (₦ 660,000). Next with a price of ₦ 589,286 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 53% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₦ 958,333.