Mercedes Benz GLK 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 GLK cars has had a strong depreciation during the last 6 months we have studied. The average price in April was of ₦ 11,488,750. This price hardly went through any changes and remained at ₦ 11,362,500 during May. The average selling price has remained fairly constant during the following two months, going from ₦ 11,425,625 to ₦ 11,494,438. In the last two months, the price has gone through a strong devaluation of -47 % compared to the 4 previous average values going down from ₦ 11,460,032 to ₦ 6,044,250.