Mercedes Benz 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 cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of KSh 3,482,610. This price hardly went through any changes and remained at KSh 3,391,824 during November. The following two months the selling price went through a strong reduction of -36 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -23 % compared to the 4 previous average values going down from KSh 2,809,990.5 to KSh 2,151,841.