Price for Mercedes Benz ML350

Mercedes Benz ML350 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.

₦ 579,090.33
Average price Last 6 months
Price for Mercedes Benz ML350

The selling prices for Mercedes Benz ML350 cars have remained constant in the last 6 months. The average price in January was of ₦ 594,531. This price hardly went through any changes and remained at ₦ 572,222 during February. The average selling price has remained fairly constant during the following two months, going from ₦ 583,376.5 to ₦ 595,854.5. In the last two, the price has gone through a -5 % devaluation compared to the previous average values going down from ₦ 589,615.5 to ₦ 558,040 during May and June.

Price per registration year

The average price for Mercedes Benz ML350 has had a strong rise in recent years. Between 2005 and 2010, the average price is ₦ 991,825.5. There was a significant inflation of the average price in 2005 (₦ 675,000) moving up till (₦ 964,286)in 2010. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -50 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 59 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₦ 1,203,906.25) and the the last two years that have been analyzed (2013, 2014) with a price of ₦ 1,910,000.

Price per mileage

The graph that displays the price for Mercedes Benz ML350 cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 21 % more affordable than the average price (₦ 586,232). Next with a price of ₦ 521,250 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most expensive cars is "100,000 - 200,000". It is 565% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₦ 1,971,429.

Charts data
Average price June
Number of Mercedes Benz ML350 ads used
Num. of cars with registration year mentioned
Num. of cars with mileage mentioned
₦ 586,232
76
76
72
** 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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