Toyota Yaris for sale in Johannesburg (South Africa)

Are you currently in the market to buy (or sell) a Toyota Yaris in Johannesburg? Vehiclus studied the local used automotive market of all cities in South Africa to establish a pricing profile of various Toyota models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Yaris (or to be certain to not be ripped off when purchasing a Toyota Yaris) it is useful to understand most value-determining factors.

Supply and Demand of Toyota Yaris on the local car market

Johannesburg is a city with a current population of 2026469 . Nevertheless, there are usually not many Toyota Yaris for purchase on the market. Hence, the supply is little and the demand depends on various of factors e.g. brand reputation, fuel mileage, and brand competetivness.

Price Devaluation Curve of the Yaris in Johannesburg

As shown below, cars of the make Toyota and specially of their model Yaris loose their value in a very customary manner. The mean asking price of the Yaris will be lowered by 14% ($16,363) after only 1 year. After three years, the car usually is sold for approximately 64% of its original asking price ($11,885) while it will only be valued at 30% of the MSRP after 7 years ($5,185). The Yaris's value after twelve years is only 10% of its original price depending on its condition of course.

Depreciation according to vehicle mileage

Another way to describe car depreciation is to examine the loss of value over miles driven. The Toyota Yaris depreciation curve below illustrates this phenomenon for the city of Johannesburg. The Yaris looses most of its value (~ 50%) within the first 30k km driven. The mean price for a Yaris at that mileage is ca $10,542. After that the depreciation plateaus: at 90,000km the Toyota Yaris is sold for $6,252 in Johannesburg and for $2,931 at 180,000km of mileage.

Toyota Yaris price depending on condition (fair, good, excellent)

The last parameter that heavily influences the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the deflation of a Toyota Yaris according to its year and its condition.

Vehicle Year	Toyota Yaris Condition
	fair	good	excellent
2017	$17,842	$18,235	$18,629
2016	$15,690	$16,036	$16,382
2015	$13,691	$13,993	$14,295
2014	$11,844	$12,106	$12,367
2013	$10,150	$10,374	$10,598
2012	$8,609	$8,799	$8,989
2011	$7,220	$7,380	$7,539
2010	$5,984	$6,116	$6,248
2009	$4,901	$5,009	$5,117
2008	$3,970	$4,057	$4,145
2007	$3,192	$3,262	$3,332
2006	$2,566	$2,623	$2,679
2005	$2,093	$2,139	$2,185
2004	$1,772	$1,812	$1,851
2003	$1,605	$1,640	$1,675
2002	$1,589	$1,624	$1,659