Price for Mercedes Benz
Mercedes Benz 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 cars has had a strong depreciation during the last 6 months we have studied. In April the average price per vehicle is AED 753,691. During May the price went trough a strong deflation till AED 200,472. The following two months the selling price went through a strong reduction of -62 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -75 % compared to the 4 previous average values going down from AED 329,458 to AED 82,545.
The average price for Mercedes Benz has had a strong rise in recent years. Between 2007 and 2020, the average price is AED 50,853.85. There was a significant inflation of the average price in 2007 (AED 8,500) moving up till (AED 15,200)in 2020. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -60 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 43 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (AED 35,708.5) and the the last two years that have been analyzed (2023, 2024) with a price of AED 51,077.
The graph that displays the price for Mercedes Benz 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 65 % more affordable than the average price (AED 68,783). Next with a price of AED 47,625 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 233% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 111,571.
The graph showing the average price for Mercedes Benz cars displays those with 2 doors as the cheapest ones. They are 28 % more affordable than the average price (AED 68,783). These are followed by those with 5 doors with an average price of AED 77,000. Cars with the the highest price have 4 doors and are 69 % more expensive than the average mentioned before.
