Are you looking to buy (or sell) a Fiat Panda in Mexico City? Vehiclus analyzed the used auto market of all metropolitan areas in Mexico to determine a pricing profile of various Fiat models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your Panda (or to be sure to not overpay when purchasing a Fiat Panda) it is useful to understand all price-determining factors.
Mexico City is a city with a population of 12294193 inhabitants. Nevertheless, it is hard to find more than three Fiat Panda on the market at the same time. Hence, the supply is not high and the demand depends on various of factors for example brand reputation, fuel mileage, and reliability.
As shown below, cars of the make Fiat and specially of their model Panda devaluate in a very conventional process. The average selling price of the Panda will be lowered by up to 14% ($12,692) after only 1 year. After three years, the car typically is sold for approximately 62% of its original selling price ($9,151) while it will only be worth 29% of the original price after 7 years ($4,063). The Panda's value after twelve years is only 11% of its initial price depending on its condition of course.
One more way to analyze vehicle depreciation is to examine the decrease of value over miles driven. The Fiat Panda depreciation curve below illustrates this phenomenon for the city of Mexico City. The Panda looses most of its value (ca 50%) within the first 30k km of its mileage. The average price for a Panda at that usage level is ca $8,176. After that the depreciation slows down: at 90k kilometers the Fiat Panda is priced for $4,780 in Mexico City and for $2,315 at 180k km .
The last value that heavily impacts the price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Fiat Panda according to its year and its condition.
|Vehicle Year||Fiat Panda Condition|
|Fiat Panda variations:|
|PANDA 1100 4X4 TREKKING|
|PANDA 1.1 (54ch)|
|PANDA 4X4 1.3 MultiJet (70ch) Climbing|
|PANDA PANDA 1.2 8v Natural Power ess./G.N.V.|
|PANDA 4x4 (60ch) 1.2 8v Climbing|
|PANDA PANDA natural Power|
|PANDA 1100 4X4 CLIMBING|
|PANDA 1.2 Natural power ess/GNV|
|PANDA 1.4 16v 100 HP Sport|
|PANDA 4X4 1.2 (60ch) Climbing|
|PANDA 4X4 1.3 MultiJet (70ch)|
|PANDA 1.2 8v (60ch)|
|PANDA CROSS 4X4 1.3 MultiJet (70ch)|
|PANDA 4x4 1.3 Multijet 16V|
|PANDA 1.2 (69ch)|
|PANDA 1.3 Multijet 16v|
|PANDA 4x4 1.3 Multijet 16v (70ch)|
|PANDA 1.4 16v 100HP Sport|
|PANDA 1.2L 8V|
|PANDA 4x4 1.3 Multijet 16v (70ch) Climbing|
|PANDA 1.4 100 HP Sport|
|PANDA 1.1L 8V|
|PANDA Cross 4x4 1.3 Multijet 16V|
|PANDA 4X4 1.3 MultiJet (70ch) D.P.F.|
|PANDA 1100 4X4|
|PANDA 4X4 1.2 (60ch)|
|PANDA 1.2L 8V Dualogic|
|PANDA 4x4 1.3 Multijet 16V Climbing|
|PANDA 1.3 Multijet 16v (avec DPF)|
|PANDA 1.3 JTD|
|PANDA 1.1 8v (54ch)|
|PANDA 1.2 (60ch)|
|PANDA 1.3 MultiJet (70ch)|
|PANDA 4x4 (60ch) 1.2 8v|