Chrysler Grand for sale in Johannesburg (South Africa)

Are you in the market to buy (or sell) a Chrysler Grand in Johannesburg? Vehiclus studied the local used auto market of all cities in South Africa to determine a pricing profile of various Chrysler models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Grand (or to be sure to not overpay when purchasing a Chrysler Grand) it is recommended to understand all price-establishing factors.

Supply and Demand of Chrysler Grand on the local vehicle market

Johannesburg is a metropolitan area with a population of 2026469 inhabitants. However, it is hard to find more than a dozen Chrysler Grand on the market there. Therefore, the supply is small and the demand depends on various of parameters such as maintenance costs, fuel mileage, and brand competetivness.

Price Devaluation Curve of the Grand in Johannesburg

As illustrated in the figure below, cars of the car manufacturer Chrysler and especially of the model Grand depreciate in a very predictable process. The average asking price of the Grand will be decreased by up to 14% ($31,616) after just one year. After three years, the car usually is sold for about 64% of its original selling price ($23,055) while it will only be priced at 29% of the original price after 7 years ($10,221). The Grand'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 car depreciation is to examine the decrease of value vs miles driven. The Chrysler Grand depreciation curve below describes this phenomenon for Johannesburg. The Grand looses most of its value (approximately 50%) within the first 30k kilometers of its mileage. The typical price for a Grand at that mileage is approximately $20,287. After that the devaluation plateaus: at 90,000km the Chrysler Grand is priced for $12,091 in Johannesburg and for $5,836 at 180k kilometers .

Chrysler Grand price depending on condition (fair, good, excellent)

The last parameter that significantly influences the selling price of a used car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Chrysler Grand according to its year and its condition.

Vehicle Year	Chrysler Grand Condition
	fair	good	excellent
2017	$30,957	$33,606	$36,256
2016	$27,223	$29,553	$31,883
2015	$23,755	$25,788	$27,821
2014	$20,551	$22,310	$24,069
2013	$17,612	$19,119	$20,627
2012	$14,937	$16,216	$17,495
2011	$12,528	$13,600	$14,673
2010	$10,383	$11,272	$12,161
2009	$8,503	$9,231	$9,959
2008	$6,888	$7,478	$8,067
2007	$5,538	$6,012	$6,486
2006	$4,452	$4,833	$5,215
2005	$3,632	$3,942	$4,253
2004	$3,076	$3,339	$3,602
2003	$2,784	$3,023	$3,261
2002	$2,758	$2,994	$3,230