Mitsubishi Lancer for sale in Buenos Aires (Argentina)

Are you currently looking to buy (or sell) a Mitsubishi Lancer in Buenos Aires? Vehiclus analyzed the used car market of all metropolitan areas in Argentina to establish a pricing profile of various Mitsubishi models depending on their age, technical condition, optical condition, and mileage. If you want to maximize your profits when selling your Lancer (or to be certain to not be ripped off when purchasing a Mitsubishi Lancer) it is of value to understand most price-determining variables.

Supply and Demand of Mitsubishi Lancer on the local car market

Buenos Aires is a metropolitan area with 13076300 inhabitants. However, there are usually not many Mitsubishi Lancer for purchase on the market. That's why the supply is little and the demand depends on various of parameters such as car model reputation, brand popularity, and used car pricing.

Price Devaluation Curve of the Lancer in Buenos Aires

As illustrated in the figure below, cars of the manufacturer Mitsubishi and specially of the model Lancer depreciate in a very predictable way. The average value of the Lancer will be decreased by 13% ($28,479) after only 1 year. After 3 years, the car typically is sold for approximately 63% of its original selling price ($20,650) while it will only be valued at 29% of the original price after 7 years ($9,220). The Lancer's value after twelve years is only 12% of its original price depending on its condition of course.

Depreciation according to mileage

One more way to describe vehicle depreciation is to study the decrease of value over miles driven. The Mitsubishi Lancer depreciation curve below shows this phenomenon for the city of Buenos Aires. The Lancer looses most of its resell price (~ 46%) within the first 30,000km of its mileage. The average price for a Lancer at that usage level is ca $18,384. After that the depreciation plateaus: at 90k kilometers the Mitsubishi Lancer is valued for $10,881 in Buenos Aires and for $5,312 at 180k kilometers of mileage.

Mitsubishi Lancer price depending on condition (fair, good, excellent)

The last value that heavily impacts the sell price of a used car is the technical and optical condition of the vehicle. The table below shows the devaluation of a Mitsubishi Lancer according to its year and its condition.

Vehicle Year	Mitsubishi Lancer Condition
	fair	good	excellent
2017	$27,889	$30,098	$32,306
2016	$24,526	$26,468	$28,410
2015	$21,401	$23,096	$24,790
2014	$18,514	$19,981	$21,447
2013	$15,867	$17,123	$18,380
2012	$13,457	$14,523	$15,589
2011	$11,287	$12,180	$13,074
2010	$9,354	$10,095	$10,836
2009	$7,661	$8,267	$8,874
2008	$6,206	$6,697	$7,189
2007	$4,989	$5,384	$5,779
2006	$4,011	$4,329	$4,646
2005	$3,272	$3,531	$3,790
2004	$2,771	$2,990	$3,210
2003	$2,508	$2,707	$2,906
2002	$2,485	$2,681	$2,878