Price for Mercedes Benz ML-Class

The selling price for Mercedes Benz ML-Class cars has had a strong depreciation during the last 6 months we have studied. The average price for October is $23,637. During November there was a slight reduction in the selling prices dropping till $21,338. The following two months the selling price went through a strong reduction of -17 % compared to the previous two months studied. In the last two, the price has gone through a -8 % devaluation compared to the previous average values going down from $20,591.75 to $18,848.5 during February and March.

The average price for Mercedes Benz ML-Class has had a strong rise in recent years. During the first sample analyzed, going from 2010 to 2011, the average price was $12,549. Please take note of of the significant depreciation in the prices between 2010 ($13,605) and 2011 ($11,493). During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 61 %. 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 ($21,396.5) and the the last two years that were studied (2014, 2015) with a price of $22,602.

The graph that displays the price for Mercedes Benz ML-Class 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 43 % more affordable than the average price ($19,681). Next with a price of $17,263 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 57% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $20,018.