Peugeot 407 for sale in Gangapur (India)

Are you in the market to buy (or sell) a Peugeot 407 in Gangapur? Vehiclus analyzed the local used car market of all metropolitan areas in India to establish a pricing profile of various Peugeot models depending on their age, technical condition, optical condition, and mileage. In order to optimize your earnings when selling your 407 (or to be sure to not be ripped off when buying a Peugeot 407) it is of value to learn all value-determining factors.

Supply and Demand of Peugeot 407 on the local vehicle market

Gangapur is a metropolitan area with 120115 inhabitants. However, there are not many Peugeot 407 for purchase on the market. Therefore, the supply is low and the demand depends on a multitude of parameters e.g. car model reputation, brand popularity, and used car pricing.

Price Devaluation Curve of the 407 in Gangapur

As shown below, cars of the make Peugeot and especially of their model 407 depreciate in a very average manner. The average value of the 407 will be lowered by up to 13% ($22,963) after only one year. After 3 years, the car usually costs only 64% of its original asking price ($16,548) while it will only be valued at 27% of the original price after 7 years ($7,101). The 407'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 examine the loss of value vs mileage. The Peugeot 407 depreciation curve below shows this phenomenon for Gangapur. The 407 looses most of its resell price (approximately 47%) within the first 30k km driven. The typical price for a 407 at that usage level is ca $14,728. After that the depreciation plateaus: at 90,000km the Peugeot 407 is valued for $8,579 in Gangapur and for $3,913 at 180k kilometers driven.

Peugeot 407 price depending on condition (fair, good, excellent)

The last factor that significantly determines the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the devaluation of a Peugeot 407 according to its year and its condition.

Vehicle Year	Peugeot 407 Condition
	fair	good	excellent
2017	$21,947	$24,151	$26,355
2016	$19,301	$21,238	$23,176
2015	$16,841	$18,532	$20,223
2014	$14,570	$16,033	$17,496
2013	$12,486	$13,740	$14,994
2012	$10,590	$11,654	$12,717
2011	$8,882	$9,774	$10,666
2010	$7,361	$8,101	$8,840
2009	$6,029	$6,634	$7,239
2008	$4,884	$5,374	$5,864
2007	$3,926	$4,320	$4,715
2006	$3,156	$3,473	$3,790
2005	$2,575	$2,833	$3,092
2004	$2,180	$2,399	$2,618
2003	$1,974	$2,172	$2,370
2002	$1,955	$2,152	$2,348