Mercedes Benz G 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 G Class cars has had a strong depreciation during the last 6 months we have studied. The average price for November is $132,618. During December there was a slight reduction in the selling prices dropping till $116,420. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($121,529.5) during March and April.
The average price for Mercedes Benz G Class has had a strong rise in recent years. During 2015 and 2020, the average price was $111,668.2. During this period, prices pretty much remained constant. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 98 %. During the last two years, the car industry has had a strong deflation in its selling prices of -35 % 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 ($164,053.5) and the the last two years (2023, 2024) with a price of $106,923.
The graph that displays the price for Mercedes Benz G 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 46 % more affordable than the average price ($120,273). Next with a price of $89,394 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 91% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $134,083.
The graph displaying the average price for vehicles with doors shows that Mercedes Benz G Class automobiles with the cheapest price have 5 doors. They are 39 % cheaper than the average price for this model priced at $72,858. Cars with the the highest price have 4 doors and are 16 % more expensive than the average mentioned before.