Mercedes Benz E55 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 E55 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is ₦ 1,712,500. During November the price went trough a strong deflation till ₦ 910,000. The following two months the selling price went through a strong reduction of -31 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -21 % compared to the 4 previous average values going down from ₦ 1,110,625 to ₦ 875,833.5.