Mercedes Benz C 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 C Class cars has had a strong depreciation during the last 6 months we have studied. The average price in December was of ₱ 1,464,803. This price hardly went through any changes and remained at ₱ 1,470,558 during January. The following two months the selling price went through a strong reduction of -22 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from ₱ 1,305,338 to ₱ 807,247.5.
The average price for Mercedes Benz C Class has had a strong rise in recent years. Between "before 2000" and 2008, the average price is ₱ 1,033,255.38. There was a significant inflation of the average price in "before 2000" (₱ 403,938) moving up till (₱ 906,667)in 2008. During the next two years (2009, 2012) the price for the aforementioned model has gone up strongly a 17 %. During the last two years, prices in the car industry have gone through a strong rise of 47 % 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 (₱ 2,297,940.25) and the the last two years that have been analyzed (2015, 2018) with a price of ₱ 3,382,500.
The graph that displays the price for Mercedes Benz C Class cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 30 % more affordable than the average price (₱ 793,730). Next with a price of ₱ 855,000 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 15% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 855,000.
The graph showing the average price for the fuel type for Mercedes Benz C Class cars points out to "Diesel" as being the cheapest fuel type. It is 17 % less expensive than the average market price (₱ 793,730) followed by "Gasoline" priced at ₱ 1,081,773. On average the most expensive type of fuel is "Gasoline". It´s price is 36 % higher than the average market price followed by "Diesel" which costs ₱ 662,625.