Price Analysis

Comprehensive pricing analysis for New 2023 Mercedes-Benz 500 500 4MATIC in Grand Rapids, MI, 49546.

High Price

This vehicle is priced significantly above market average.

This Vehicle

$94,790

Market Median

$48,532

Difference

95%

Market Sell Time

Fast

183

days (30th percentile)

Typical

202

days (median)

Slow

260

days (70th percentile)

30% of similar vehicles sell within 183 days, while most sell within 202 days

Market Price Range

$94,790

Low

$40,619

Median

$48,532

High

$85,403

Price Distribution Details

30th Percentile (Lower Range)

$44,635

30% of vehicles are priced below this

70th Percentile (Upper Range)

$49,265

70% of vehicles are priced below this

This vehicle is in the 90th percentile for price. It's among the highest-priced similar vehicles.

Analysis based on 38 similar 2023 Mercedes Benz 500 vehicles

Price vs. Mileage Comparison

Compare this vehicle (red) against similar listings (blue)