Mercedes Benz S 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 S Class cars has fallen during the last 6 months we have analyzed. During the first month analyzed in July the average price was ₱ 2,171,533. August went through a strong inflation with a rise in the price till ₱ 2,563,851. The following two months the selling price went through a strong reduction of -18 % compared to the previous two months studied. In the last two, the price has gone through a -14 % devaluation compared to the previous average values going down from ₱ 2,159,648.5 to ₱ 1,857,245.5 during November and December.
The average price for Mercedes Benz S Class has had a strong rise in recent years. Between "before 2000" and 2008, the average price is ₱ 839,354.25. There was a significant inflation of the average price in "before 2000" (₱ 299,167) moving up till (₱ 1,137,500)in 2008. During the next two years (2010, 2012) the price for the aforementioned model has gone up strongly a 168 %. During the last two years, prices in the car industry have gone through a strong rise of 29 % 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 (₱ 3,180,275) and the the last two years that have been analyzed (2013, 2017) with a price of ₱ 4,110,500.
The graph that displays the price for Mercedes Benz S 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 77 % more affordable than the average price (₱ 1,939,866). Next with a price of ₱ 864,100 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 153% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 3,406,500.