Peugeot 308 for sale in Al Mawsil al Jadidah (Iraq)

Are you looking to buy (or sell) a Peugeot 308 in Al Mawsil al Jadidah? Vehiclus analyzed the local used car market of all cities in Iraq to establish a pricing profile of various Peugeot models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your 308 (or to be certain to not overpay when buying a Peugeot 308) it is a good idea to learn most price-determining variables.

Supply and Demand of Peugeot 308 on the local vehicle market

Al Mawsil al Jadidah is a metropolitan area with a population of 2065597 people. However, there are not many Peugeot 308 on the market. Hence, the supply is small and the demand depends on various of factors such as season, brand popularity, and used car pricing.

Price Devaluation Curve of the 308 in Al Mawsil al Jadidah

As described in the figure below, cars of the make Peugeot and especially of the model 308 depreciate in a very predictable process. The average price of the 308 will be lowered by 14% ($18,461) after just one year. After 3 years, the car usually is sold for about 60% of its original selling price ($13,125) while it will only be valued at 27% of the original price after 7 years ($5,723). The 308's value after twelve years is only 13% of its original price depending on its condition of course.

Depreciation according to vehicle mileage

One more way to analyze vehicle depreciation is to study the loss of value vs kilometers driven. The Peugeot 308 depreciation curve below illustrates this phenomenon for the city of Al Mawsil al Jadidah. The 308 looses most of its value (~ 46%) within the first 20,000miles (30,000km) driven. The typical price for a 308 at that usage level is approximately $11,886. After that the depreciation plateaus: at 90k kilometers the Peugeot 308 is sold for $6,762 in Al Mawsil al Jadidah and for $3,178 at 180k km .

Peugeot 308 price depending on condition (fair, good, excellent)

The last factor that significantly influences the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below lists the devaluation of a Peugeot 308 according to its year and its condition.

Vehicle Year	Peugeot 308 Condition
	fair	good	excellent
2017	$20,791	$20,917	$21,042
2016	$18,284	$18,394	$18,504
2015	$15,954	$16,050	$16,147
2014	$13,803	$13,886	$13,969
2013	$11,829	$11,900	$11,971
2012	$10,032	$10,093	$10,153
2011	$8,414	$8,465	$8,515
2010	$6,974	$7,016	$7,058
2009	$5,711	$5,745	$5,780
2008	$4,626	$4,654	$4,682
2007	$3,719	$3,742	$3,764
2006	$2,990	$3,008	$3,026
2005	$2,439	$2,454	$2,468
2004	$2,065	$2,078	$2,090
2003	$1,870	$1,881	$1,892
2002	$1,852	$1,863	$1,874