Price for Mercedes Benz S Class
Mercedes Benz S 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 S Class cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $106,125. This price hardly went through any changes and remained at $105,404 during November. The following two months (December, January) the selling price went through a devaluation of -11 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 -32 % compared to the 4 previous average values going down from $100,103 to $68,412.
The average price for Mercedes Benz S Class has had a strong rise in recent years. Between 2007 and 2019, the average price is $54,578.2. There was a significant inflation of the average price in 2007 ($12,487) moving up till ($96,802)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 130 %. 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 ($139,834.75) and the the last two years that were studied (2022, 2023) with a price of $154,268.5.
The graph that displays the price for Mercedes Benz S Class 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 83 % more affordable than the average price ($75,494). Next with a price of $27,811 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 89% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of $116,054.
The graph displaying the average price for vehicles with doors shows that Mercedes Benz S Class automobiles with the highest price have 2 doors. They are 9 % more costly than the average price for this model priced at $82,115. Cars with the the highest price have 4 doors and are 13 % more expensive than the average mentioned before.
