Skoda Octavia for sale in Guilin (China)

Are you currently in the market to buy (or sell) a Skoda Octavia in Guilin? Vehiclus analyzed the used automotive market of all towns in China to determine a pricing profile of various Skoda models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Octavia (or to make sure to not be overcharged when purchasing a Skoda Octavia) it is of value to know all price-determining factors.

Supply and Demand of Skoda Octavia on the local vehicle market

Guilin is a town with 649352 inhabitants. However, there are not many Skoda Octavia for sale on the market. Therefore, the supply is low and the demand depends on a multitude of parameters such as brand reputation, mileage, and brand competetivness.

Price Devaluation Curve of the Octavia in Guilin

As shown below, cars of the car manufacturer Skoda and specially of the model Octavia devaluate in a very customary process. The mean price of the Octavia will be lowered by 14% ($22,923) after only 1 year. After three years, the car typically goes for only 60% of its original asking price ($16,349) while it will only be valued at 28% of the MSRP after 7 years ($6,928). The Octavia's value after twelve years is only 13% of its initial price depending on its condition of course.

Depreciation according to mileage

One more way to quantify car depreciation is to study the loss of value over miles driven. The Skoda Octavia depreciation curve below illustrates this phenomenon for Guilin. The Octavia looses most of its resell price (ca 46%) within the first 30k km driven. The typical price for a Octavia at that usage level is ca $14,721. After that the devaluation slows down: at 90k kilometers the Skoda Octavia is valued for $8,412 in Guilin and for $3,754 at 180k kilometers driven.

Skoda Octavia price depending on condition (fair, good, excellent)

The last parameter that heavily effects the price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the deflation of a Skoda Octavia according to its year and its condition.

Vehicle Year	Skoda Octavia Condition
	fair	good	excellent
2017	$23,464	$24,855	$26,247
2016	$20,634	$21,858	$23,081
2015	$18,005	$19,073	$20,140
2014	$15,576	$16,500	$17,424
2013	$13,349	$14,140	$14,932
2012	$11,322	$11,993	$12,665
2011	$9,496	$10,059	$10,622
2010	$7,870	$8,337	$8,803
2009	$6,445	$6,827	$7,210
2008	$5,221	$5,531	$5,840
2007	$4,197	$4,446	$4,695
2006	$3,375	$3,575	$3,775
2005	$2,752	$2,916	$3,079
2004	$2,331	$2,469	$2,608
2003	$2,110	$2,235	$2,361
2002	$2,090	$2,214	$2,338