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 for February is RM 294,392. During March there was a slight reduction in the selling prices dropping till RM 277,830. During the following two months (April, May) the average selling price rose somewhat going from RM 286,111 to RM 321,027. The average price has had spectacular rise of 41 % with an average price of RM 303,569 during the previous 4 months and RM 427,324 during the most recent months in June and July.
The average price for Mercedes Benz S Class has had a strong rise in recent years. Between "before 2000" and 2017, the average price is RM 122,811.07. There was a significant inflation of the average price in "before 2000" (RM 21,400) moving up till (RM 327,316)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 549 %. During the last two years, prices in the car industry have gone up 12 % 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 (RM 902,181) and the the last two years that were studied (2020, 2021) with a price of RM 1,007,418.5.
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 84 % more affordable than the average price (RM 507,222). Next with a price of RM 216,402 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at RM 449,030.
The graph displaying the average price for vehicles with doors shows that Mercedes Benz S Class automobiles with the cheapest price have 4 doors. They are 43 % cheaper than the average price for this model priced at RM 290,560. Cars with the the highest price have 2 doors and are 73 % more expensive than the average mentioned before.