Price for Mercedes Benz 500
Mercedes Benz 500 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 500 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is £33,550. During November the price went trough a strong deflation till £20,563. The following two months (December, January) the selling price went through a devaluation of -7 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from £26,072.75 to £26,053 during February and March.
The graph that displays the price for Mercedes Benz 500 cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 10 % more affordable than the average price (£25,733). Next with a price of £30,025 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 17% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of £23,250.
