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 March the average price per vehicle is €85,064. During April the price went trough a strong deflation till €59,184. The following two months the selling price went through a strong reduction of -32 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from €60,661.75 to €57,986 during July and August.
The average price for Mercedes Benz S-Class has had a strong rise in recent years. Between 2006 and 2016, the average price is €23,788.83. There was a significant inflation of the average price in 2006 (€6,148) moving up till (€44,456)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 181 %. During the last two years, prices in the car industry have gone through a strong rise of 18 % 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 (€81,455.25) and the the last two years that have been analyzed (2019, 2020) with a price of €96,061.5.
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 "more than 200,000" are the ones with the lowest price. They are 89 % more affordable than the average price (€53,485). Next with a price of €23,629 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 55% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of €80,695.
The graph showing the average price for the fuel type for Mercedes Benz S-Class cars points out to "Petrol" as being the cheapest fuel type. It is 21 % less expensive than the average market price (€53,485) followed by "Diesel" priced at €45,511. On average the cheapest type of fuel is "Hybrid". It´s price is 11 % more affordable than the average market value followed by "Diesel" with a price of €45,511.
The graph displaying the average price for vehicles with doors shows that Mercedes Benz S-Class automobiles with the cheapest price have 4 doors. They are 10 % cheaper than the average price for this model priced at €48,060. Cars with the the highest price have 2 doors and are 78 % more expensive than the average mentioned before.