Mercedes Benz M-Class Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Mercedes Benz M-Class cars has fallen during the last 6 months we have analyzed. The average price in April was of ₹ 31.64 lakhs. This price hardly went through any changes and remained at ₹ 31.83 lakhs during May. The following two months (June, July) the selling price went through a devaluation of -11 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -15 % devaluation compared to the previous average values going down from ₹ 30.05 lakhs to ₹ 25.65 lakhs during August and September.
The average price for Mercedes Benz M-Class has had a strong rise in recent years. Between 2009 and 2011, the average price is ₹ 15.93 lakhs. There was a significant inflation of the average price in 2009 (₹ 11.48 lakhs) moving up till (₹ 20.38 lakhs)in 2011. During the next two years (2012, 2013) the price for the aforementioned model has gone up strongly a 55 %. During the last two years, prices in the car industry have gone up 10 % 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 (₹ 27.41 lakhs) and the the last two years that were studied (2014, 2015) with a price of ₹ 30.19 lakhs.
The graph that displays the price for Mercedes Benz M-Class cars according to their mileage shows that those cars within a mileage range of "50,000 - 1,00,000" are the ones with the lowest price. They are 5 % more affordable than the average price (₹ 25.56 lakhs). Next with a price of ₹ 26.48 lakhs and a mileage range of "1,00,000 - 2,00,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 8% more costly than the average market value followed by those vehicles with a mileage of "1,00,000 - 2,00,000" and a price of ₹ 26.48 lakhs.