Mercedes Benz CLA-Class 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 CLA-Class cars have remained constant in the last 6 months. The average price in November was of ₦ 14,320,625. This price hardly went through any changes and remained at ₦ 13,916,625 during December. The average selling price has remained fairly constant during the following two months, going from ₦ 14,118,625 to ₦ 13,742,562. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 13,930,594 to ₦ 14,554,688 during March and April.
The average price for Mercedes Benz CLA-Class has had a strong rise in recent years. Between 2005 and 2016, the average price is ₦ 6,957,735.5. There was a significant inflation of the average price in 2005 (₦ 1,566,667) moving up till (₦ 11,127,955)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 101 %. During the last two years, prices in the car industry have gone through a strong rise of 21 % 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 (₦ 17,731,892) and the the last two years that have been analyzed (2019, 2020) with a price of ₦ 21,495,834.
The graph that displays the price for Mercedes Benz CLA-Class cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 29 % more affordable than the average price (₦ 14,645,625). Next with a price of ₦ 10,633,333 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₦ 13,184,375.