Seat Exeo for sale in Hyesan-dong (North Korea)

Are you currently looking to buy (or sell) a Seat Exeo in Hyesan-dong? Vehiclus analyzed the local used car market of all towns in North Korea to establish a pricing profile of various Seat models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your Exeo (or to make sure to not overpay when buying a Seat Exeo) it is useful to understand most value-determining factors.

Supply and Demand of Seat Exeo on the local auto market

Hyesan-dong is a metropolitan area with 97794 inhabitants. Nevertheless, it is hard to find more than a dozen Seat Exeo on the market there. Therefore, the supply is small and the demand depends on a multitude of factors such as brand reputation, fuel mileage, and used car pricing.

Price Devaluation Curve of the Exeo in Hyesan-dong

As seen below, cars of the make Seat and specially of their model Exeo devaluate in a very conventional way. The average price of the Exeo will be lowered by 13% ($20,975) after only one year. After three years, the car usually is sold for approximately 62% of its original selling price ($15,227) while it will only be worth 32% of the MSRP after 7 years ($7,434). The Exeo's value after 12 years is only 12% of its initial price depending on its condition of course.

Depreciation according to vehicle mileage

Another way to analyze car depreciation is to examine the decrease of value vs mileage. The Seat Exeo depreciation curve below illustrates this phenomenon for Hyesan-dong. The Exeo looses most of its resell price (~ 50%) within the first 20,000miles (30,000km) driven. The mean price for a Exeo at that usage level is $13,366. After that the devaluation slows down: at 90,000km the Seat Exeo is valued for $7,863 in Hyesan-dong and for $4,488 at 180k km driven.

Seat Exeo price depending on condition (fair, good, excellent)

The last factor that heavily effects the sell price of a used car is the technical and optical condition of the vehicle. The table below lists the devaluation of a Seat Exeo according to its year and its condition.

Vehicle Year	Seat Exeo Condition
	fair	good	excellent
2017	$13,059	$18,705	$24,352
2016	$11,484	$16,449	$21,415
2015	$10,020	$14,353	$18,686
2014	$8,669	$12,417	$16,166
2013	$7,429	$10,642	$13,854
2012	$6,301	$9,026	$11,750
2011	$5,285	$7,570	$9,855
2010	$4,380	$6,274	$8,168
2009	$3,587	$5,138	$6,689
2008	$2,905	$4,162	$5,418
2007	$2,336	$3,346	$4,356
2006	$1,878	$2,690	$3,502
2005	$1,532	$2,194	$2,857
2004	$1,297	$1,858	$2,419
2003	$1,174	$1,682	$2,190
2002	$1,163	$1,666	$2,169