Mercedes Benz gl 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 gl class cars has had a strong depreciation during the last 6 months we have studied. The average price for October is £41,135. During November there was a slight reduction in the selling prices dropping till £36,816. The following two months (December, January) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -16 % compared to the 4 previous average values going down from £37,739 to £31,816.5.
The average price for Mercedes Benz gl class has had a strong rise in recent years. Between 2007 and 2018, the average price is £26,506.33. There was a significant inflation of the average price in 2007 (£8,330) moving up till (£36,694)in 2018. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 106 %. During the last two years, the car industry has had a strong deflation in its selling prices of -29 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (£42,483.5) and the the last two years (2021, 2023) with a price of £30,294.
The graph that displays the price for Mercedes Benz gl class 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 67 % more affordable than the average price (£37,028). Next with a price of £32,630 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 167% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of £50,168.
The graph showing the average price for the fuel type for Mercedes Benz gl class cars points out to "Diesel" as being the cheapest fuel type. It is 7 % less expensive than the average market price (£37,028) followed by "Petrol" priced at £38,858. On average the most expensive type of fuel is "Petrol". It´s price is 5 % higher than the average market price followed by "Diesel" which costs £34,251.