Mercedes Benz E Class Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mercedes Benz E Class cars has fallen during the last 6 months we have analyzed. The average price in December was of ₱ 845,200. This price hardly went through any changes and remained at ₱ 812,296 during January. The following two months (February, March) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 801,874.5 to ₱ 786,824.5 during April and May.
The average price for Mercedes Benz E Class has had a strong rise in recent years. Between "before 2000" and 2007, the average price is ₱ 684,025.81. There was a significant inflation of the average price in "before 2000" (₱ 680,222) moving up till (₱ 809,333)in 2007. During the next two years (2010, 2011) the price for the aforementioned model has gone up strongly a 134 %. During the last two years, the car industry has had a strong deflation in its selling prices of -20 % 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 (₱ 1,328,250) and the the last two years (2012, 2013) with a price of ₱ 1,056,500.
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 "100,000 - 200,000" are the ones with the lowest price. They are 40 % more affordable than the average price (₱ 789,944). Next with a price of ₱ 490,889 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 100% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 981,189.
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 73 % less expensive than the average market price (₱ 789,944) followed by "Gasoline" priced at ₱ 727,667. On average the cheapest type of fuel is "Gasoline". It´s price is 8 % more affordable than the average market value followed by "Diesel" with a price of ₱ 212,500.