Price for Mercedes Benz 500
Mercedes Benz 500 Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mercedes Benz 500 cars have increased during the last 6 months. The average price in October was of $29,356. This price hardly went through any changes and remained at $29,297 during November. During the following two months (December, January) the average selling price rose somewhat going from $29,326.5 to $30,999. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($33,329.5) during February and March.
The average price for Mercedes Benz 500 has had a strong rise in recent years. Between "before 2000" y 2002, the average price is $20,447.5. There was a price inflation going from ($17,601) to ($18,592). During the next two years (2003, 2004) the price for the aforementioned model has gone up strongly a 92 %. During the last two years, the car industry has had a strong deflation in its selling prices of -39 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample ($28,198.5) and the the last two years (2005, 2006) with a price of $17,147.
The graph that displays the price for Mercedes Benz 500 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 69 % more affordable than the average price ($31,281). Next with a price of $12,457 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 22% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at $23,438.
