Honda Jazz for sale in Johannesburg (South Africa)

Are you currently in the market to buy (or sell) a Honda Jazz in Johannesburg? Vehiclus surveyed the used car market of all metropolitan areas in South Africa to establish a pricing profile of various Honda models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your Jazz (or to be sure to not be overcharged when purchasing a Honda Jazz) it is useful to understand all price-establishing factors.

Supply and Demand of Honda Jazz on the local vehicle market

Johannesburg is a city with a current population of 2026469 inhabitants. However, it is hard to find more than five Honda Jazz on the used car market there. Therefore, the supply is small and the demand depends on various of parameters for example brand reputation, mileage, and used car pricing.

Price Devaluation Curve of the Jazz in Johannesburg

As seen below, cars of the make Honda and specially of their model Jazz depreciate in a very standard manner. The average asking price of the Jazz will be decreased by 13% ($13,681) after just 1 year. After three years, the car typically is valued at 62% of its original asking price ($9,575) while it will only be worth 27% of the MSRP after 7 years ($4,337). The Jazz's value after twelve years is only 13% of its initial price depending on its condition of course.

Depreciation according to vehicle mileage

One more way to describe vehicle depreciation is to study the decrease of value over kilometers driven. The Honda Jazz depreciation curve below describes this phenomenon for Johannesburg. The Jazz looses most of its resell price (ca 50%) within the first 30,000km of its mileage. The mean price for a Jazz at that mileage is ca $8,831. After that the depreciation plateaus: at 90k kilometers the Honda Jazz is valued for $4,882 in Johannesburg and for $2,459 at 180k km of mileage.

Honda Jazz price depending on condition (fair, good, excellent)

The last parameter that heavily influences 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 Honda Jazz according to its year and its condition.

Vehicle Year	Honda Jazz Condition
	fair	good	excellent
2017	$13,430	$14,475	$15,521
2016	$11,810	$12,730	$13,649
2015	$10,305	$11,108	$11,910
2014	$8,915	$9,609	$10,304
2013	$7,640	$8,235	$8,830
2012	$6,480	$6,985	$7,489
2011	$5,435	$5,858	$6,281
2010	$4,504	$4,855	$5,206
2009	$3,689	$3,976	$4,263
2008	$2,988	$3,221	$3,453
2007	$2,402	$2,589	$2,776
2006	$1,931	$2,082	$2,232
2005	$1,575	$1,698	$1,821
2004	$1,334	$1,438	$1,542
2003	$1,208	$1,302	$1,396
2002	$1,196	$1,289	$1,383