Mercedes ML in Mumbai

Mercedes ML for sale in Mumbai (India)

Are you in the market to buy (or sell) a Mercedes ML in Mumbai? Vehiclus surveyed the used car market of all metropolitan areas in India to determine a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your ML (or to be certain to not be overcharged when buying a Mercedes ML) it is a good idea to learn most price-establishing factors.

Supply and Demand of Mercedes ML on the local vehicle market

Mumbai is a metropolitan area with 12691836 inhabitants. Nevertheless, there are usually not many Mercedes ML on the market. Therefore, the supply is small and the demand depends on a multitude of parameters for example maintenance costs, brand popularity, and reliability.

Price Devaluation Curve of the ML in Mumbai

As described in the figure below, cars of the manufacturer Mercedes and specially of their model ML depreciate in a very conventional process. The mean asking price of the ML will be lowered by 14% ($56,480) after only 1 year. After three years, the car usually costs only 61% of its initial asking price ($40,044) while it will only be priced at 30% of the original price after 7 years ($17,351). The ML's value after 12 years is only 11% of its initial price depending on its condition of course.


Depreciation according to mileage

One more way to analyze car depreciation is to study the loss of value vs mileage. The Mercedes ML depreciation curve below illustrates this phenomenon for Mumbai. The ML looses most of its resell price (~ 50%) within the first 20,000miles (30,000km) driven. The typical price for a ML at that mileage is ca $36,455. After that the depreciation slows down: at 90,000km the Mercedes ML is valued for $20,665 in Mumbai and for $9,600 at 180k km of mileage.

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

The last factor that significantly influences the selling price of a used car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Mercedes ML according to its year and its condition.

Vehicle Year Mercedes ML Condition
fair good excellent
2017$55,735$59,911$64,087
2016$49,013$52,686$56,358
2015$42,768$45,973$49,178
2014$37,000$39,773$42,545
2013$31,709$34,085$36,461
2012$26,894$28,909$30,924
2011$22,556$24,246$25,936
2010$18,695$20,095$21,496
2009$15,310$16,457$17,604
2008$12,402$13,331$14,261
2007$9,971$10,718$11,465
2006$8,016$8,617$9,218
2005$6,539$7,029$7,519
2004$5,538$5,953$6,368
2003$5,013$5,389$5,765
2002$4,966$5,338$5,710

Enter vehicle make, model and city of interest:


Mitsubishi
ASX
starting at
$12,066
in Basrah (IQ)
Audi
A1
starting at
$9,452
in Prokop'yevsk (RU)
Peugeot
407
starting at
$8,766
in Ivry-sur-Seine (FR)
Mercedes ML variations:
ML 350 4MATIC BVA7
ML 63 AMG BVA7
ML 350 BVA7
ML 450 CDI 4MATIC BVA7 FAP
ML 280 CDI BVA7
ML 320 CDI BVA7 FAP
ML 500 BVA
ML 350 BVA
ML 320 BVA
ML 320 CDI BVA
ML 280 CDI BVA7 FAP
ML 320CDI 4MATIC BVA7
ML 280 CDI BVA
ML 280CDI 4MATIC BVA7
ML 300 CDI 4MATIC BVA7
ML 55 AMG BVA
ML 400 CDI BVA
ML 350 CDI 4MATIC BVA7 FAP
ML 500 4MATIC BVA7
ML 300 CDI BE 4MATIC BVA7 FAP
ML 350 CDI BE 4MATIC BVA7 FAP
ML 420 CDI BVA7 FAP
ML 320 CDI BVA7
ML 500 BVA7
ML 270 CDI BVA
ML 350 BE 4MATIC BVA7 FAP
ML 270 CDI
ML 300 CDI 4MATIC BVA7 FAP
ML 350CDI 4MATIC BVA7
ML 420CDI 4MATIC BVA7
ML 350 CDI 4MATIC BVA7