Mercedes Benz Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mercedes Benz cars have gone through a strong rise during the last 6 months. During the first month analyzed in September the average price was ₱ 3,128,137. October went through a strong inflation with a rise in the price till ₱ 4,663,787. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 54 % from ₱ 3,895,962 to ₱ 6,012,495. The average price has had spectacular rise of 70 % with an average price of ₱ 4,954,228.5 during the previous 4 months and ₱ 8,421,056 during the most recent months in January and February.
The average price for Mercedes Benz has had a strong rise in recent years. Between "before 2000" and 2020, the average price is ₱ 2,200,327.75. There was a significant inflation of the average price in "before 2000" (₱ 377,206) moving up till (₱ 11,421,667)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 521 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 14,204,424 in 2023 and ₱ 14,734,250 during 2024.
The graph that displays the price for Mercedes Benz 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 96 % more affordable than the average price (₱ 9,251,424). Next with a price of ₱ 793,655 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 23% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 2,829,946.
The graph showing the average price for the fuel type for Mercedes Benz cars points out to "Diesel" as being the cheapest fuel type. It is 97 % less expensive than the average market price (₱ 9,251,424) followed by "Gasoline" priced at ₱ 547,853. On average the cheapest type of fuel is "Gasoline". It´s price is 94 % more affordable than the average market value followed by "Diesel" with a price of ₱ 275,241.