Mercedes-Benz is set to hit the ever-popular G-Class with some hefty price increases from March 22.
Internal documents from Mercedes-Benz recently surfaced online and reveal that prices are increasing in response to inflationary pressures. While these documents only cite price changes in Germany, it seems likely that price hikes will be made in other markets.
The document details price increases for the G 350d, G 400d, G 500, and G 63 models. Starting with the G 350d, it used to have a list price of €87,880 ($98,125) before VAT but has now been hit with an extra €965 ($1,077) charge and an inflationary price adjustment of €3,000 ($3,350), increasing the list price to €91,845 ($102,573) before VAT. Similarly, the G 400d’s price has jumped from €90,830 ($101,439) to €95,795 ($106,984) due to separate €965 ($1,077) and €4,000 ($4,465) charges.
As for the new Mercedes-Benz G 500, it will now set back customers a minimum of €105,845 ($118,170) thanks to the same €965 ($1,077) fee and a €5,200 ($5,805) inflationary price increase. When accounting for VAT, this means the G 500 now starts at €125,955 ($140,621). Last but not least is the G 63 which has been hit with the largest price increase.
Whereas it used to start at €136,725 ($152,645) before VAT, Mercedes has slapped it with an €8,325 ($9,294) charge and a €7,000 ($7,815) inflation fee, bringing the starting price up to €152,050 ($169,760), or €180,939 ($202,014) including VAT, Business Insider reveals.
It is understood that Mercedes-Benz is preparing to introduce a number of new packages and options for the G-Class that will go some way to explain the price hikes.
“It is striking that Mercedes-Benz has put together a large number of new equipment packages for the G-Class,” a Mercedes sales manager told Business Insider. “On the one hand, this reduces the complexity in the production of the vehicles, but on the other hand it does not exactly contribute to the transparency of pricing for customers.”