Mercedes Benz S 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 S Class cars has had a strong depreciation during the last 6 months we have studied. In February the average price per vehicle is ₱ 2,224,396. During March the price went trough a strong deflation till ₱ 1,256,833. The following two months the selling price went through a strong reduction of -36 % compared to the previous two months studied. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 1,562,670) during June and July.
The average price for Mercedes Benz S Class has gone through a significant depreciation in recent years. During the first sample analyzed, going from "before 2000" to 2007, the average price was ₱ 470,000. Please take note of of the significant depreciation in the prices between "before 2000" (₱ 760,000) and 2007 (₱ 375,000).
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 "25,000 - 50,000" are the ones with the lowest price. They are 79 % more affordable than the average price (₱ 1,774,540). Next with a price of ₱ 615,000 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 13% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of ₱ 615,000.
The graph showing the average price for the fuel type for Mercedes Benz S Class cars points out to "Diesel" as being the cheapest fuel type. It is 88 % less expensive than the average market price (₱ 1,774,540) followed by "Gasoline" priced at ₱ 522,778. On average the cheapest type of fuel is "Gasoline". It´s price is 71 % more affordable than the average market value followed by "Diesel" with a price of ₱ 210,000.