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. In October the price for a car is RM 209,100 increasing till RM 235,925 in November. The average selling price has remained fairly constant during the following two months, going from RM 222,512.5 to RM 226,337. The average price has had spectacular rise of 21 % with an average price of RM 224,424.75 during the previous 4 months and RM 272,597.5 during the most recent months in February and March.
The average price for Mercedes Benz S Class has had a strong rise in recent years. Between 2002 and 2017, the average price is RM 130,525.8. There was a significant inflation of the average price in 2002 (RM 23,422) moving up till (RM 174,299)in 2017. During the next two years (2019, 2020) the price for the aforementioned model has gone up strongly a 352 %. During the last two years, prices in the car industry have gone through a strong rise of 22 % 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 754,629.75) and the the last two years that have been analyzed (2021, 2022) with a price of RM 919,468.
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 54 % more affordable than the average price (RM 260,462). Next with a price of RM 138,244 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 160% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of RM 530,475.