Mercedes GL in Mumbai

Mercedes GL for sale in Mumbai (India)

Are you currently in the market to buy (or sell) a Mercedes GL in Mumbai? Vehiclus surveyed the used car market of all towns in India to establish a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your GL (or to be certain to not overpay when buying a Mercedes GL) it is of value to understand all value-determining factors.

Supply and Demand of Mercedes GL on the local vehicle market

Mumbai is a city with a population of 12691836 . Nevertheless, there are usually not many Mercedes GL for purchase on the market. That's why the supply is little and the demand depends on a multitude of factors such as brand reputation, brand popularity, and used car pricing.

Price Devaluation Curve of the GL in Mumbai

As described in the figure below, cars of the manufacturer Mercedes and specially of the model GL loose their value in a very customary fashion. The mean selling price of the GL will be lowered by up to 14% ($52,917) after just 1 year. After three years, the car typically is valued at 62% of its original asking price ($38,190) while it will only be worth 31% of the original price after 7 years ($17,024). The GL's value after twelve years is only 11% of its first price depending on its condition of course.


Depreciation according to mileage

One more way to describe car depreciation is to study the loss of value vs mileage. The Mercedes GL depreciation curve below shows this phenomenon for Mumbai. The GL looses most of its value (~ 50%) within the first 30k km of its mileage. The average price for a GL at that mileage is ca $33,807. After that the depreciation slows down: at 90,000km the Mercedes GL is priced for $19,697 in Mumbai and for $9,627 at 180,000km driven.

Mercedes GL price depending on condition (fair, good, excellent)

The last value that significantly determines the selling price of a used car is the technical and optical condition of the vehicle. The table below lists the devaluation of a Mercedes GL according to its year and its condition.

Vehicle Year Mercedes GL Condition
fair good excellent
2017$39,924$50,541$61,158
2016$35,110$44,446$53,782
2015$30,636$38,783$46,929
2014$26,504$33,552$40,600
2013$22,714$28,754$34,794
2012$19,265$24,388$29,511
2011$16,157$20,454$24,750
2010$13,391$16,952$20,513
2009$10,967$13,883$16,800
2008$8,884$11,246$13,609
2007$7,142$9,042$10,941
2006$5,742$7,269$8,796
2005$4,684$5,929$7,175
2004$3,967$5,022$6,076
2003$3,591$4,546$5,501
2002$3,557$4,503$5,449

Enter vehicle make, model and city of interest:


Jeep
Grand
starting at
$18,629
in Serra (BR)
Citroen
C8
starting at
$16,055
in Glendale (US)
BMW
325d
starting at
$14,046
in Guadalupe (MX)
Mercedes GL variations:
GL 420 CDI BVA7 FAP
GL 500 BVA7
GL 320 CDI BVA7 FAP
GL 320 CDI BVA7
GL 450 BVA7
GL 320 CDI 4 MATIC BVA7
GL 320 CDI 4MATIC
GL 320 CDI BVA7 FAP
GL 320 CDI 4 MATIC BVA7 FAP