Mercedes Benz E430 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 E430 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 900,000. During November the price went trough a strong deflation till ₦ 750,000. The following two months (December, January) the selling price went through a devaluation of -9 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -33 % compared to the 4 previous average values going down from ₦ 787,500 to ₦ 525,000.