Honda Hr-V for sale in Fushun (China)

Are you in the market to buy (or sell) a Honda Hr-V in Fushun? Vehiclus studied the used auto market of all metropolitan areas in China to determine a pricing profile of various Honda models depending on their age, technical condition, optical condition, and mileage. If you want to maximize your earnings when selling your Hr-V (or to make sure to not overpay when buying a Honda Hr-V) it is of value to know most value-determining variables.

Supply and Demand of Honda Hr-V on the local vehicle market

Fushun is a town with a current population of 1400646 . However, it is hard to find more than a handful Honda Hr-V on the used car market at the same time. Hence, the supply is low and the demand depends on various of parameters for example maintenance costs, brand popularity, and used car pricing.

Price Devaluation Curve of the Hr-V in Fushun

As described in the figure below, cars of the car manufacturer Honda and especially of their model Hr-V devaluate in a very average process. The average price of the Hr-V will be lowered by 14% ($23,399) after just 1 year. After three years, the car typically is valued at 61% of its original asking price ($16,699) while it will only be worth 28% of the original price after 7 years ($7,365). The Hr-V's value after 12 years is only 12% of its original price depending on its condition of course.

Depreciation according to mileage

Another way to describe vehicle depreciation is to look at the decrease of value over miles driven. The Honda Hr-V depreciation curve below illustrates this phenomenon for the city of Fushun. The Hr-V looses most of its resell price (ca 47%) within the first 30,000km driven. The average price for a Hr-V at that usage level is approximately $15,061. After that the depreciation plateaus: at 90k kilometers the Honda Hr-V is valued for $8,629 in Fushun and for $4,137 at 180k kilometers .

Honda Hr-V price depending on condition (fair, good, excellent)

The last value that heavily determines the sell price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Honda Hr-V according to its year and its condition.

Vehicle Year	Honda Hr-V Condition
	fair	good	excellent
2017	$26,636	$26,661	$26,685
2016	$23,424	$23,445	$23,467
2015	$20,439	$20,458	$20,477
2014	$17,683	$17,699	$17,715
2013	$15,154	$15,168	$15,182
2012	$12,853	$12,865	$12,876
2011	$10,780	$10,789	$10,799
2010	$8,934	$8,942	$8,951
2009	$7,317	$7,323	$7,330
2008	$5,927	$5,932	$5,938
2007	$4,765	$4,769	$4,774
2006	$3,831	$3,834	$3,838
2005	$3,125	$3,128	$3,130
2004	$2,646	$2,649	$2,651
2003	$2,396	$2,398	$2,400
2002	$2,373	$2,375	$2,377