Mercedes Benz C Class 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 C Class cars has had a strong depreciation during the last 6 months we have studied. The average price for October is ₦ 4,303,000. During November there was a slight reduction in the selling prices dropping till ₦ 3,820,500. The following two months the selling price went through a strong reduction of -24 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -27 % compared to the 4 previous average values going down from ₦ 3,572,062.5 to ₦ 2,621,398.5.
The average price for Mercedes Benz C Class has had a strong rise in recent years. Between "before 2000" and 2013, the average price is ₦ 3,200,436.75. There was a significant inflation of the average price in "before 2000" (₦ 580,000) moving up till (₦ 6,000,000)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 127 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 7,133,333.5 in 2016 and ₦ 7,000,000 during 2017.
The graph that displays the price for Mercedes Benz C Class cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 86 % more affordable than the average price (₦ 2,493,734). Next with a price of ₦ 2,499,267 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 0% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 350,000.