Daewoo Matiz in Madrid

Daewoo Matiz for sale in Madrid (Spain)

Are you currently looking to buy (or sell) a Daewoo Matiz in Madrid? Vehiclus surveyed the local used automotive market of all cities in Spain to determine a pricing profile of various Daewoo models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your Matiz (or to make sure to not be ripped off when buying a Daewoo Matiz) it is very recommended to understand most price-establishing factors.

Supply and Demand of Daewoo Matiz on the local vehicle market

Madrid is a metropolitan area with 3255944 inhabitants. However, it is hard to find more than five Daewoo Matiz on the market there. Therefore, the supply is small and the demand depends on a multitude of factors for example car model reputation, fuel mileage, and reliability.

Price Devaluation Curve of the Matiz in Madrid

As described in the figure below, cars of the car manufacturer Daewoo and specially of the model Matiz depreciate in a very standard fashion. The average value of the Matiz will be decreased by 14% ($16,465) after only 1 year. After 3 years, the car typically is valued at 61% of its original asking price ($11,898) while it will only be worth 28% of the MSRP after 7 years ($5,382). The Matiz's value after twelve years is only 13% of its initial price depending on its condition of course.


Depreciation according to vehicle mileage

Another way to describe car depreciation is to study the decrease of value vs miles driven. The Daewoo Matiz depreciation curve below describes this phenomenon for the city of Madrid. The Matiz looses most of its value (approximately 47%) within the first 30k kilometers driven. The typical price for a Matiz at that mileage is ca $10,685. After that the devaluation plateaus: at 90k kilometers the Daewoo Matiz is priced for $6,304 in Madrid and for $3,144 at 180,000km .

Daewoo Matiz price depending on condition (fair, good, excellent)

The last value that significantly impacts the sell price of a used car is the technical and optical condition of the vehicle. The table below lists the devaluation of a Daewoo Matiz according to its year and its condition.

Vehicle Year Daewoo Matiz Condition
fair good excellent
2017$11,239$14,868$18,497
2016$9,883$13,075$16,266
2015$8,624$11,409$14,194
2014$7,461$9,870$12,279
2013$6,394$8,458$10,523
2012$5,423$7,174$8,925
2011$4,548$6,017$7,486
2010$3,769$4,987$6,204
2009$3,087$4,084$5,081
2008$2,500$3,308$4,116
2007$2,010$2,660$3,309
2006$1,616$2,138$2,660
2005$1,318$1,744$2,170
2004$1,116$1,477$1,838
2003$1,011$1,337$1,664
2002$1,001$1,324$1,648

Enter vehicle make, model and city of interest:


Jeep
Wrangler
starting at
$14,850
in Boston (US)
Chrysler
Sebring
starting at
$8,106
in Pasto (CO)
Porsche
Panamera
starting at
$29,629
in Rafah (PS)
Daewoo Matiz variations:
MATIZ 1.0L SE
MATIZ 0.8L PACK SUPER S
MATIZ 0.8L SOHC
MATIZ 1.0L SOHC