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 June was of ₦ 15,556,875. This price hardly went through any changes and remained at ₦ 15,887,500 during July. The average selling price has remained fairly constant during the following two months, going from ₦ 15,722,188 to ₦ 16,325,625. During the last couple of months, the average price has hardly changed, remaining the same going from ₦ 16,023,906 to ₦ 16,497,188 during October and November.
The average price for Mercedes Benz M Class has had a strong rise in recent years. Between 2000 and 2011, the average price is ₦ 4,620,281.5. There was a significant inflation of the average price in 2000 (₦ 2,075,000) moving up till (₦ 8,320,625)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 216 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₦ 15,009,125 in 2014 and ₦ 15,399,938 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 62 % more affordable than the average price (₦ 16,494,375). Next with a price of ₦ 12,539,615 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 4% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at ₦ 15,174,000.