Are you currently looking to buy (or sell) a Chevrolet Orlando in Mexico City? Vehiclus studied the used automotive market of all cities in Mexico to establish a pricing profile of various Chevrolet models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Orlando (or to be certain to not be overcharged when purchasing a Chevrolet Orlando) it is useful to understand all price-establishing factors.
Mexico City is a town with 12294193 inhabitants. However, there are not many Chevrolet Orlando for sale on the market. Hence, the supply is small and the demand depends on a multitude of parameters e.g. season, mileage, and used car pricing.
As seen below, cars of the make Chevrolet and especially of their model Orlando devaluate in a very average fashion. The mean asking price of the Orlando will be lowered by 13% ($22,363) after only 1 year. After three years, the car usually is valued at 61% of its original asking price ($16,200) while it will only be worth 31% of the original price after 7 years ($7,266). The Orlando's value after 12 years is only 12% of its initial price depending on its condition of course.
One more way to quantify vehicle depreciation is to examine the decrease of value over kilometers driven. The Chevrolet Orlando depreciation curve below shows this phenomenon for Mexico City. The Orlando looses most of its value (~ 45%) within the first 30k kilometers driven. The average price for a Orlando at that usage level is approximately $14,412. After that the devaluation plateaus: at 90k kilometers the Chevrolet Orlando is sold for $8,506 in Mexico City and for $4,188 at 180k km of mileage.
The last parameter that heavily influences the sell price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Chevrolet Orlando according to its year and its condition.
|Vehicle Year||Chevrolet Orlando Condition|
|Chevrolet Orlando variations:|