Skoda Rapid in Jieyang

Skoda Rapid for sale in Jieyang (China)

Are you looking to buy (or sell) a Skoda Rapid in Jieyang? Vehiclus analyzed the used car market of all towns in China to establish a pricing profile of various Skoda models depending on their age, technical condition, optical condition, and mileage. In order to maximize your earnings when selling your Rapid (or to make sure to not be ripped off when purchasing a Skoda Rapid) it is useful to know all price-establishing variables.

Supply and Demand of Skoda Rapid on the local vehicle market

Jieyang is a metropolitan area with a population of 1001985 inhabitants. However, it is hard to find more than five Skoda Rapid on the car market there. Therefore, the supply is small and the demand depends on various of parameters e.g. brand reputation, brand popularity, and used car pricing.

Price Devaluation Curve of the Rapid in Jieyang

As illustrated in the figure below, cars of the manufacturer Skoda and specially of the model Rapid loose their value in a very conventional way. The mean price of the Rapid will be decreased by up to 13% ($28,351) after only one year. After three years, the car usually costs only 61% of its original selling price ($20,522) while it will only be valued at 32% of the original price after 7 years ($8,764). The Rapid's value after 12 years is only 13% of its first price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to quantify vehicle depreciation is to look at the decrease of value vs miles driven. The Skoda Rapid depreciation curve below describes this phenomenon for Jieyang. The Rapid looses most of its resell price (~ 50%) within the first 30,000km of its mileage. The mean price for a Rapid at that mileage is $18,231. After that the depreciation plateaus: at 90,000km the Skoda Rapid is sold for $10,728 in Jieyang and for $4,847 at 180,000km of mileage.

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

The last factor that significantly determines the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Skoda Rapid according to its year and its condition.

Vehicle Year Skoda Rapid Condition
fair good excellent
2017$30,895$31,641$32,387
2016$27,169$27,825$28,481
2015$23,708$24,280$24,852
2014$20,510$21,005$21,500
2013$17,577$18,001$18,425
2012$14,908$15,268$15,628
2011$12,503$12,805$13,107
2010$10,363$10,613$10,863
2009$8,487$8,691$8,896
2008$6,875$7,041$7,206
2007$5,527$5,660$5,794
2006$4,444$4,551$4,658
2005$3,624$3,712$3,799
2004$3,069$3,144$3,218
2003$2,779$2,846$2,913
2002$2,752$2,819$2,885

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Skoda Rapid variations: