Mercedes Benz Classe S 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 Classe S cars has had a strong depreciation during the last 6 months we have studied. The average price for September is RM 33,767. During October there was a slight reduction in the selling prices dropping till RM 29,994. The following two months (November, December) the selling price went through a devaluation of -10 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -18 % compared to the 4 previous average values going down from RM 30,335 to RM 24,943.
The average price for Mercedes Benz Classe S has had a strong rise in recent years. Between "before 2000" and 2005, the average price is RM 24,961. There was a significant inflation of the average price in "before 2000" (RM 16,850) moving up till (RM 29,987)in 2005. During the next two years the average price(RM 25,163) has hardly changed, remaining at a constant value compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 19 % 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 (RM 31,241.25) and the the last two years that have been analyzed (2008, 2010) with a price of RM 37,319.5.
The graph that displays the price for Mercedes Benz Classe S 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 16 % more affordable than the average price (RM 26,785). Next with a price of RM 25,199 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 59% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of RM 34,780.