Mercedes Benz GL Class 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 GL Class cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₱ 406,667. November went through a strong inflation with a rise in the price till ₱ 594,000. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 960 % from ₱ 500,333.5 to ₱ 5,304,833.5. The average price has had spectacular rise of 120 % with an average price of ₱ 2,902,583.5 during the previous 4 months and ₱ 6,396,500 during the most recent months in February and March.