Are you looking to buy (or sell) a Chevrolet Cruze in Buenos Aires? Vehiclus surveyed the used car market of all towns in Argentina to determine a pricing profile of various Chevrolet models depending on their age, technical condition, optical condition, and mileage. If you want to maximize your earnings when selling your Cruze (or to be sure to not be overcharged when buying a Chevrolet Cruze) it is highly recommended to understand most value-determining factors.
Buenos Aires is a city with a current population of 13076300 inhabitants. However, it is hard to find more than a dozen Chevrolet Cruze on the used car market there. Therefore, the supply is little and the demand depends on various of factors e.g. maintenance costs, mileage, and brand competetivness.
As described in the figure below, cars of the car manufacturer Chevrolet and especially of the model Cruze depreciate in a very conventional fashion. The average asking price of the Cruze will be lowered by 14% ($18,268) after just one year. After 3 years, the car usually goes for only 61% of its initial selling price ($13,704) while it will only be priced at 27% of the MSRP after 7 years ($5,880). The Cruze's value after twelve years is only 11% of its original price depending on its condition of course.
Another way to analyze vehicle depreciation is to examine the decrease of value vs mileage. The Chevrolet Cruze depreciation curve below describes this phenomenon for Buenos Aires. The Cruze looses most of its resell price (approximately 50%) within the first 30k km driven. The mean price for a Cruze at that usage level is ca $11,675. After that the depreciation plateaus: at 90k kilometers the Chevrolet Cruze is sold for $7,324 in Buenos Aires and for $3,328 at 180k km .
The last factor that significantly effects the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Chevrolet Cruze according to its year and its condition.
|Vehicle Year||Chevrolet Cruze Condition|
|Chevrolet Cruze variations:|
|CRUZE 1.6 16v|
|CRUZE VCDi 2.0 (150 ch) Auto|
|CRUZE VCDi 2.0 (150 ch)|
|CRUZE VCDi 2.0 (125 ch)|
|CRUZE 1.8 16v|