Mercedes Benz S 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 S Class cars have gone through a strong rise during the last 6 months. In October the average price per vehicle is ₱ 1,752,339. During November the price went trough a strong deflation till ₱ 1,347,410. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 21 % from ₱ 1,549,874.5 to ₱ 1,873,260. The average price has had spectacular rise of 46 % with an average price of ₱ 1,711,567.25 during the previous 4 months and ₱ 2,506,139.5 during the most recent months in February and March.
The average price for Mercedes Benz S Class has had a strong rise in recent years. Between "before 2000" and 2005, the average price is ₱ 833,190.5. There was a significant inflation of the average price in "before 2000" (₱ 649,429) moving up till (₱ 922,500)in 2005. During the next two years (2006, 2007) the price for the aforementioned model has gone up strongly a 85 %. During the last two years, prices in the car industry have gone through a strong rise of 79 % 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 (₱ 7,360,625) and the the last two years that have been analyzed (2013, 2021) with a price of ₱ 13,178,750.
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 79 % more affordable than the average price (₱ 2,568,490). Next with a price of ₱ 869,556 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 52% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 1,192,500.
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 78 % less expensive than the average market price (₱ 2,568,490) followed by "Gasoline" priced at ₱ 2,086,875. On average the cheapest type of fuel is "Gasoline". It´s price is 19 % more affordable than the average market value followed by "Diesel" with a price of ₱ 565,000.