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. The average price for July is ₱ 1,821,567. During August there was a slight reduction in the selling prices dropping till ₱ 1,599,057. The average selling price has remained fairly constant during the following two months, going from ₱ 1,710,312 to ₱ 1,700,316. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 1,705,314 to ₱ 1,656,762 during November and December.
The average price for Mercedes Benz S Class has had a strong rise in recent years. Between "before 2000" and 2000, the average price is ₱ 508,625. There was a significant inflation of the average price in "before 2000" (₱ 268,250) moving up till (₱ 749,000)in 2000. During the next two years (2005, 2006) the price for the aforementioned model has gone up strongly a 166 %. During the last two years, prices in the car industry have gone through a strong rise of 54 % 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 (₱ 2,942,604.25) and the the last two years that have been analyzed (2007, 2017) with a price of ₱ 4,530,000.
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 "50,000 - 100,000" are the ones with the lowest price. They are 78 % more affordable than the average price (₱ 1,966,114). Next with a price of ₱ 818,000 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 208% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 2,685,000.
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 (₱ 1,966,114) followed by "Gasoline" priced at ₱ 1,630,000. On average the cheapest type of fuel is "Gasoline". It´s price is 17 % more affordable than the average market value followed by "Diesel" with a price of ₱ 242,000.