Mercedes Benz R Class 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 R Class cars has had a strong depreciation during the last 6 months we have studied. In October the price for a car is ₦ 2,039,184 increasing till ₦ 2,172,800 in November. The following two months the selling price went through a strong reduction of -40 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -46 % compared to the 4 previous average values going down from ₦ 1,688,808.5 to ₦ 919,166.5.
The average price for Mercedes Benz R Class has gone through a significant depreciation in recent years. During the first sample analyzed, going from 2006 to 2012, the average price was ₦ 1,339,791.75. Please take note of of the significant depreciation in the prices between 2006 (₦ 2,575,000) and 2012 (₦ 380,000).