Price for Mercedes Benz GLK

Mercedes Benz GLK Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.

₦ 11,408,875
Average price Last 6 months
Price for Mercedes Benz GLK

The selling prices for Mercedes Benz GLK cars have remained constant in the last 6 months. The average price in February was of ₦ 11,183,750. This price hardly went through any changes and remained at ₦ 11,429,375 during March. The average selling price has remained fairly constant during the following two months, going from ₦ 11,306,562 to ₦ 11,425,625. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 11,366,094 to ₦ 11,494,438 during June and July.

Price per registration year

The average price for Mercedes Benz GLK has had a strong rise in recent years. Between 2008 and 2012, the average price is ₦ 6,562,611. There was a significant inflation of the average price in 2008 (₦ 4,570,000) moving up till (₦ 7,908,875)in 2012. During the next two years (2013, 2014) the price for the aforementioned model has gone up strongly a 55 %. During the last two years, prices in the car industry have experienced a depreciation of -10 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (₦ 9,222,762) and the the last two years analyzed (2015, 2018) with a price of ₦ 8,301,398.5.

Price per mileage

The graph that displays the price for Mercedes Benz GLK cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 42 % more affordable than the average price (₦ 11,805,750). Next with a price of ₦ 8,100,000 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at ₦ 10,488,125.

Charts data
Average price July
Number of Mercedes Benz GLK ads used
Num. of cars with registration year mentioned
Num. of cars with mileage mentioned
₦ 11,805,750
7,155
7,155
4,686
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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