Mercedes Benz S-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 S-Class cars have gone through a strong rise during the last 6 months. The average price in April was of . This price hardly went through any changes and remained at during May. During the following two months (June, July) the average selling price experienced a noticeable rise, going up 2147483647 % from to ₹ 17.49 lakhs. The average price has had spectacular rise of 334 % with an average price of ₹ 8.74 lakhs during the previous 4 months and ₹ 37.94 lakhs during the most recent months in August and September.
The average price for Mercedes Benz S-Class has had a strong rise in recent years. Between 2007 and 2014, the average price is ₹ 26.09 lakhs. There was a significant inflation of the average price in 2007 (₹ 12.17 lakhs) moving up till (₹ 50.73 lakhs)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 174 %. During the last two years, prices in the car industry have gone up 8 % 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 (₹ 77.86 lakhs) and the the last two years that were studied (2017, 2018) with a price of ₹ 84.15 lakhs.
The graph that displays the price for Mercedes Benz S-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 75 % more affordable than the average price (₹ 37.7 lakhs). Next with a price of ₹ 20.32 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 "less than 10,000". It is 109% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of ₹ 59.96 lakhs.