Mercedes Benz 400 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 400 cars has had a strong depreciation during the last 6 months we have studied. The average price for April is $61,714. During May there was a slight reduction in the selling prices dropping till $54,171. The following two months the selling price went through a strong reduction of -30 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $49,134.25 to $50,852 during August and September.
The average price for Mercedes Benz 400 has had a strong rise in recent years. Between "before 2000" and 2015, the average price is $23,301. There was a significant inflation of the average price in "before 2000" ($6,534) moving up till ($40,068)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 115 %. During the last two years, prices in the car industry have gone up 12 % 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 ($56,689.5) and the the last two years that were studied (2018, 2019) with a price of $63,397.
The graph that displays the price for Mercedes Benz 400 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 91 % more affordable than the average price ($64,598). Next with a price of $64,598 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 0% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $5,770.