Are you looking to buy (or sell) a Peugeot 208 in Johannesburg? Vehiclus surveyed the local used auto market of all cities in South Africa to establish a pricing profile of various Peugeot models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your 208 (or to be certain to not be overcharged when purchasing a Peugeot 208) it is a good idea to understand most price-establishing factors.
Johannesburg is a town with currently 2026469 inhabitants. However, there are not many Peugeot 208 available on the market. Therefore, the supply is low and the demand depends on various of parameters such as car model reputation, mileage, and reliability.
As pictured below, cars of the make Peugeot and especially of their model 208 loose their value in a very standard process. The average value of the 208 will be decreased by 13% ($15,966) after only 1 year. After three years, the car usually is sold for approximately 63% of its initial selling price ($11,593) while it will only be valued at 30% of the MSRP after 7 years ($5,136). The 208's value after 12 years is only 13% of its initial price depending on its condition of course.
Another way to quantify car depreciation is to look at the loss of value over kilometers driven. The Peugeot 208 depreciation curve below shows this phenomenon for the city of Johannesburg. The 208 looses most of its value (~ 47%) within the first 20,000miles (30,000km) driven. The typical price for a 208 at that usage level is $10,244. After that the depreciation slows down: at 90k km the Peugeot 208 is priced for $6,056 in Johannesburg and for $2,921 at 180k km of mileage.
The last value that heavily determines the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Peugeot 208 according to its year and its condition.
| Vehicle Year | Peugeot 208 Condition | ||
|---|---|---|---|
| fair | good | excellent | |
| 2017 | $15,612 | $16,961 | $18,310 |
| 2016 | $13,729 | $14,916 | $16,102 |
| 2015 | $11,980 | $13,015 | $14,050 |
| 2014 | $10,364 | $11,260 | $12,155 |
| 2013 | $8,882 | $9,649 | $10,417 |
| 2012 | $7,533 | $8,184 | $8,835 |
| 2011 | $6,318 | $6,864 | $7,410 |
| 2010 | $5,236 | $5,689 | $6,141 |
| 2009 | $4,288 | $4,659 | $5,029 |
| 2008 | $3,474 | $3,774 | $4,074 |
| 2007 | $2,793 | $3,034 | $3,275 |
| 2006 | $2,245 | $2,439 | $2,633 |
| 2005 | $1,831 | $1,990 | $2,148 |
| 2004 | $1,551 | $1,685 | $1,819 |
| 2003 | $1,404 | $1,525 | $1,647 |
| 2002 | $1,391 | $1,511 | $1,631 |
| Peugeot 208 variations: |
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