Mercedes Benz SLK 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 SLK cars has had a strong depreciation during the last 6 months we have studied. The average price in December was of RM 1,558,452. This price hardly went through any changes and remained at RM 1,575,787 during January. The average selling price has remained fairly constant during the following two months, going from RM 1,567,119.5 to RM 1,576,263. In the last two months, the price has gone through a strong devaluation of -46 % compared to the 4 previous average values going down from RM 1,571,691.25 to RM 843,938.
The average price for Mercedes Benz SLK has had a strong rise in recent years. Between "before 2000" and 2015, the average price is RM 100,395.82. There was a significant inflation of the average price in "before 2000" (RM 42,600) moving up till (RM 277,815)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 377 %. During the last two years, prices in the car industry have gone up 6 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (RM 510,009.25) and the the last two years that were studied (2018, 2019) with a price of RM 541,426.5.
The graph that displays the price for Mercedes Benz SLK 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 72 % more affordable than the average price (RM 264,222). Next with a price of RM 101,406 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 163% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of RM 371,832.