Mercedes EQS resale climbs ₹75L to ₹85L as buyers price in replacement cost
Mercedes-Benz India MD Santosh Iyer says affluent buyers are benchmarking pre-owned luxury EVs against replacement cost, lifting residuals. Two-year-old EQS resale values rose from ₹75 lakh to ₹85 lakh, supported by 8-10 year transferable battery warranties and constrained new-car supply.
Mercedes-Benz India MD Santosh Iyer says affluent buyers are benchmarking luxury EVs against replacement costs, lifting residual values. Two-year-old EQS resale prices rose from ₹75 lakh to ₹85 lakh, aided by transferable battery warranties and tight supply.
Why this matters
Signals strengthening residual values for Mercedes-Benz luxury EVs in India, reinforcing the brand's pre-owned proposition and reducing total cost-of-ownership concerns that have weighed on EV adoption at the top end.
Retail-brand activity steady at 773 signals over the last 90 days.