Mercedes Benz E 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 E Class cars has had a strong depreciation during the last 6 months we have studied. The average price in June was of ₱ 1,265,513. This price hardly went through any changes and remained at ₱ 1,236,864 during July. The following two months the selling price went through a strong reduction of -29 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 1,069,144 to ₱ 1,037,458.5 during October and November.
The average price for Mercedes Benz E Class has had a strong rise in recent years. Between 2004 and 2018, the average price is ₱ 2,626,416.5. There was a significant inflation of the average price in 2004 (₱ 373,333) moving up till (₱ 4,879,500)in 2018.
The graph that displays the price for Mercedes Benz E 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 68 % more affordable than the average price (₱ 1,244,500). Next with a price of ₱ 506,667 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 131% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 2,080,000.
The graph showing the average price for the fuel type for Mercedes Benz E Class cars points out to "Diesel" as being the cheapest fuel type. It is 81 % less expensive than the average market price (₱ 1,244,500) followed by "Gasoline" priced at ₱ 483,333. On average the cheapest type of fuel is "Gasoline". It´s price is 61 % more affordable than the average market value followed by "Diesel" with a price of ₱ 237,500.