Mercedes Benz E-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 E-Class cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was ₹ 29.42 lakhs. November went through a strong inflation with a rise in the price till ₹ 49.17 lakhs. During the following two months (December, January) the average selling price rose somewhat going from ₹ 39.3 lakhs to ₹ 44.36 lakhs. In the last two, the price has gone through a -6 % devaluation compared to the previous average values going down from ₹ 41.83 lakhs to ₹ 39.2 lakhs during February and March.
The average price for Mercedes Benz E-Class has had a strong rise in recent years. Between 2007 and 2014, the average price is ₹ 12.48 lakhs. There was a significant inflation of the average price in 2007 (₹ 5.86 lakhs) moving up till (₹ 21.09 lakhs)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 120 %. During the last two years, prices in the car industry have gone through a strong rise of 27 % 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 (₹ 37.62 lakhs) and the the last two years that have been analyzed (2017, 2018) with a price of ₹ 47.76 lakhs.
The graph that displays the price for Mercedes Benz E-Class 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 65 % more affordable than the average price (₹ 29.97 lakhs). Next with a price of ₹ 15.42 lakhs and a mileage range of "50,000 - 1,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 30% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₹ 25.22 lakhs.