The median 2023 Mercedes-Benz S-Class in the Canadian market sits at $109,888. That's your anchor. If someone quotes you a number near there on a car with average kilometres, you're looking at a fair market price, not a steal and not a rip-off.
Most of these land between $103,245 and $115,445. That's a roughly $12,000 spread, which is tight for a car at this price point. It tells you the market has settled on what a 2023 S-Class is worth, so the negotiating room lives at the edges of that band rather than miles outside it.
What to actually pay
The typical car here has about 57,857 km on it. Keep that in mind when you read an ask. A listing at $115,000 with 20,000 km is a different proposition than the same price on a car pushing 90,000, and the price should move to reflect it. Below the $103,245 mark, dig into why. Higher mileage, accident history, or a private seller in a hurry are the usual reasons a good car ends up cheap.
CarSignal flagged 5 deals on this model year in the last 90 days. That's not a flood, so if a genuinely priced-under-market S-Class shows up, it won't sit around waiting for you to think it over.
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.