Mercedes S-Class for sale in Mumbai (India)

Are you currently in the market to buy (or sell) a Mercedes S-Class in Mumbai? Vehiclus analyzed the used auto market of all cities in India to establish a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. If you want to maximize your profits when selling your S-Class (or to be certain to not be ripped off when purchasing a Mercedes S-Class) it is useful to learn most price-determining factors.

Supply and Demand of Mercedes S-Class on the local vehicle market

Mumbai is a metropolitan area with a population of 12691836 inhabitants. However, there are not many Mercedes S-Class on the market. Hence, the supply is small and the demand depends on a multitude of factors for example brand reputation, brand popularity, and brand competetivness.

Price Devaluation Curve of the S-Class in Mumbai

As shown below, cars of the car manufacturer Mercedes and especially of their model S-Class devaluate in a very usual fashion. The mean value of the S-Class will be decreased by up to 14% ($83,531) after just 1 year. After 3 years, the car typically costs only 60% of its original asking price ($59,323) while it will only be valued at 27% of the original price after 7 years ($26,860). The S-Class's value after 12 years is only 10% of its original price depending on its condition of course.

Depreciation according to mileage

One more way to quantify vehicle depreciation is to examine the loss of value over mileage. The Mercedes S-Class depreciation curve below illustrates this phenomenon for the city of Mumbai. The S-Class looses most of its value (~ 45%) within the first 20,000miles (30,000km) of its mileage. The mean price for a S-Class at that usage level is approximately $53,881. After that the depreciation plateaus: at 90k kilometers the Mercedes S-Class is valued for $30,629 in Mumbai and for $15,383 at 180k kilometers driven.

Mercedes S-Class price depending on condition (fair, good, excellent)

The last parameter that heavily effects the price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Mercedes S-Class according to its year and its condition.

Vehicle Year	Mercedes S-Class Condition
	fair	good	excellent
2017	$85,351	$90,120	$94,889
2016	$75,058	$79,252	$83,445
2015	$65,494	$69,154	$72,813
2014	$56,661	$59,827	$62,993
2013	$48,558	$51,271	$53,984
2012	$41,185	$43,486	$45,787
2011	$34,542	$36,472	$38,402
2010	$28,629	$30,228	$31,828
2009	$23,445	$24,756	$26,066
2008	$18,992	$20,054	$21,115
2007	$15,269	$16,123	$16,976
2006	$12,276	$12,962	$13,648
2005	$10,013	$10,573	$11,132
2004	$8,480	$8,954	$9,428
2003	$7,678	$8,107	$8,536
2002	$7,605	$8,030	$8,455