Mercedes Benz S Class Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Mercedes Benz S Class cars have increased during the last 6 months. During the first month analyzed in August the average price was RM 181,566. September went through a strong inflation with a rise in the price till RM 230,560. The average selling price has remained fairly constant during the following two months, going from RM 206,063 to RM 206,182. In the last two, the price has gone through a -13 % devaluation compared to the previous average values going down from RM 206,122.5 to RM 179,003.5 during December and January.
The average price for Mercedes Benz S Class has had a strong rise in recent years. Between 2006 and 2016, the average price is RM 101,638.8. There was a significant inflation of the average price in 2006 (RM 58,667) moving up till (RM 97,136)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 163 %. During the last two years, prices in the car industry have gone through a strong rise of 47 % 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 (RM 505,754.25) and the the last two years that have been analyzed (2021, 2022) with a price of RM 744,188.5.
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 "100,000 - 200,000" are the ones with the lowest price. They are 37 % more affordable than the average price (RM 147,538). Next with a price of RM 99,878 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 338% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of RM 372,900.