Mercedes Benz ML-Class Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Mercedes Benz ML-Class cars have gone through a strong rise during the last 6 months. During the first month analyzed in March the average price was $12,666. April went through a strong inflation with a rise in the price till $28,689. During the following two months (May, June) the average selling price experienced a noticeable rise, going up 37 % from $20,677.5 to $28,400.5. In the last two months, the price has gone through a strong devaluation of -32 % compared to the 4 previous average values going down from $24,539 to $16,805.
The average price for Mercedes Benz ML-Class has had a strong rise in recent years. Between "before 2000" and 2008, the average price is $7,364.5. There was a significant inflation of the average price in "before 2000" ($4,450) moving up till ($10,279)in 2008. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 161 %. 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 ($21,945.5) and the the last two years that were studied (2014, 2015) with a price of $24,688.
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 "less than 10,000" are the ones with the lowest price. They are 25 % more affordable than the average price ($17,261). Next with a price of $23,039 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 63% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of $23,039.