Mercedes Benz 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 cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₹ 81.64 lakhs. November went through a strong inflation with a rise in the price till ₹ 1.29 crores. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 26 % from ₹ 1.05 crores to ₹ 1.33 crores. The average price has had spectacular rise of 24 % with an average price of ₹ 1.19 crores during the previous 4 months and ₹ 1.48 crores during the most recent months in February and March.
The average price for Mercedes Benz has had a strong rise in recent years. Between 2005 and 2020, the average price is ₹ 25.24 lakhs. There was a significant inflation of the average price in 2005 (₹ 4.74 lakhs) moving up till (₹ 52.64 lakhs)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 227 %. During the last two years, prices in the car industry have gone through a strong rise of 38 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (₹ 1.33 crores) and the the last two years that have been analyzed (2023, 2024) with a price of ₹ 1.84 crores.
The graph that displays the price for Mercedes Benz cars according to their mileage shows that those cars within a mileage range of "1,00,000 - 2,00,000" are the ones with the lowest price. They are 94 % more affordable than the average price (₹ 1.47 crores). Next with a price of ₹ 30.03 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 19% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₹ 83.48 lakhs.
The graph showing the average price for the fuel type for Mercedes Benz cars points out to "Diesel" as being the cheapest fuel type. It is 43 % less expensive than the average market price (₹ 1.47 crores) followed by "Electric" priced at ₹ 1.1 crores. On average the cheapest type of fuel is "Petrol". It´s price is 23 % more affordable than the average market value followed by "Electric" with a price of ₹ 1.1 crores.
The graph showing the average price for Mercedes Benz cars displays those with 2 doors as the cheapest ones. They are 46 % more affordable than the average price (₹ 1.47 crores). These are followed by those with 4 doors with an average price of ₹ 86.18 lakhs. Cars with the lowest price have 5 doors and are 32 % cheaper than the average previously displayed.