Mercedes Benz M Class 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.
The selling prices for Mercedes Benz M Class cars have remained constant in the last 6 months. The average price in May was of ₦ 17,306,863. This price hardly went through any changes and remained at ₦ 17,424,988 during June. The average selling price has remained fairly constant during the following two months, going from ₦ 17,365,926 to ₦ 17,814,994. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₦ 18,679,062) during September and October.
The average price for Mercedes Benz M Class has had a strong rise in recent years. Between "before 2000" and 2011, the average price is ₦ 4,899,203. There was a significant inflation of the average price in "before 2000" (₦ 1,562,500) moving up till (₦ 9,162,500)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 244 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 17,358,234 in 2014 and ₦ 17,879,312 during 2015.
The graph that displays the price for Mercedes Benz M Class cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 56 % more affordable than the average price (₦ 18,702,500). Next with a price of ₦ 14,085,000 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at ₦ 17,465,100.