Mercedes Benz Tourismo 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 Tourismo cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is ₦ 9,203,846 increasing till ₦ 10,040,000 in October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 18 % from ₦ 9,621,923 to ₦ 11,317,500. In the last two months, the price has gone through a strong devaluation of -100 % compared to the 4 previous average values going down from ₦ 10,469,712 to .