Mercedes Benz E230 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 E230 cars has had a strong depreciation during the last 6 months we have studied. During the first month analyzed in October the average price was ₦ 943,000. November went through a strong inflation with a rise in the price till ₦ 1,222,500. The following two months the selling price went through a strong reduction of -36 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -35 % compared to the 4 previous average values going down from ₦ 888,125 to ₦ 577,500.