Nissan Patrol for sale in Kowloon (Hong Kong)

Are you currently in the market to buy (or sell) a Nissan Patrol in Kowloon? Vehiclus studied the used automotive market of all towns in Hong Kong to establish a pricing profile of various Nissan models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your Patrol (or to be sure to not be ripped off when buying a Nissan Patrol) it is highly recommended to know most value-determining factors.

Supply and Demand of Nissan Patrol on the local vehicle market

Kowloon is a city with a population of 2019533 inhabitants. However, there are usually not many Nissan Patrol for purchase on the market. Therefore, the supply is low and the demand depends on various of parameters e.g. brand reputation, fuel mileage, and brand competetivness.

Price Devaluation Curve of the Patrol in Kowloon

As shown below, cars of the manufacturer Nissan and especially of the model Patrol depreciate in a very predictable manner. The average asking price of the Patrol will be lowered by up to 13% ($17,166) after just 1 year. After three years, the car typically is sold for approximately 64% of its original selling price ($12,488) while it will only be worth 30% of the MSRP after 7 years ($5,614). The Patrol's value after 12 years is only 13% of its original price depending on its condition of course.

Depreciation according to mileage

Another way to describe vehicle depreciation is to examine the loss of value over kilometers driven. The Nissan Patrol depreciation curve below illustrates this phenomenon for Kowloon. The Patrol looses most of its resell price (approximately 50%) within the first 20,000miles (30,000km) of its mileage. The mean price for a Patrol at that mileage is approximately $11,095. After that the devaluation slows down: at 90,000km the Nissan Patrol is priced for $6,613 in Kowloon and for $3,264 at 180,000km .

Nissan Patrol price depending on condition (fair, good, excellent)

The last factor that heavily determines the price of a used car is the technical and optical condition of the vehicle. The table below lists the devaluation of a Nissan Patrol according to its year and its condition.

Vehicle Year	Nissan Patrol Condition
	fair	good	excellent
2017	$15,619	$17,524	$19,429
2016	$13,735	$15,410	$17,086
2015	$11,985	$13,447	$14,909
2014	$10,368	$11,633	$12,898
2013	$8,886	$9,969	$11,053
2012	$7,536	$8,456	$9,375
2011	$6,321	$7,092	$7,863
2010	$5,239	$5,878	$6,517
2009	$4,290	$4,813	$5,337
2008	$3,475	$3,899	$4,323
2007	$2,794	$3,135	$3,476
2006	$2,246	$2,520	$2,794
2005	$1,832	$2,056	$2,279
2004	$1,551	$1,741	$1,930
2003	$1,405	$1,576	$1,747
2002	$1,391	$1,561	$1,731