Mercedes Benz B-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 B-Class cars has had a strong depreciation during the last 6 months we have studied. The average price in September was of $15,357. This price hardly went through any changes and remained at $15,436 during October. The following two months (November, December) the selling price went through a devaluation of -13 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 -26 % compared to the 4 previous average values going down from $14,430.25 to $10,710.5.
The average price for Mercedes Benz B-Class has had a strong rise in recent years. Between 2006 and 2015, the average price is $8,741.89. There was a significant inflation of the average price in 2006 ($4,538) moving up till ($15,642)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 123 %. During the last two years, prices in the car industry have gone up 10 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($21,632.25) and the the last two years that were studied (2018, 2019) with a price of $23,807.
The graph that displays the price for Mercedes Benz B-Class cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 21 % more affordable than the average price ($10,638). Next with a price of $8,791 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 70% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of $11,350.