Mercedes Benz E 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 E Class cars has had a strong depreciation during the last 6 months we have studied. The average price for May is ₦ 3,094,211. During June there was a slight reduction in the selling prices dropping till ₦ 2,730,000. The following two months the selling price went through a strong reduction of -35 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -24 % compared to the 4 previous average values going down from ₦ 2,406,877.5 to ₦ 1,821,416.5.
The average price for Mercedes Benz E Class has had a strong rise in recent years. Between "before 2000" and 2018, the average price is ₦ 4,917,917. There was a significant inflation of the average price in "before 2000" (₦ 621,667) moving up till (₦ 7,500,000)in 2018.