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.
What happened
Mercedes-Benz India MD Santosh Iyer says affluent buyers are benchmarking luxury EVs against replacement costs, lifting residual values. Two-year-old EQS resale
Key facts
- ₹75 lakh
- ₹85 lakh
- 8-10 years warranty
Why this matters
Strengthening pre-owned luxury EV economics opens partnership and acquisition angles in certified resale platforms and battery-warranty-backed financing.