Are you currently looking to buy (or sell) a Audi R8 in Mumbai? Vehiclus analyzed the used automotive market of all cities in India to establish a pricing profile of various Audi models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your R8 (or to make sure to not be overcharged when purchasing a Audi R8) it is of value to learn all price-establishing factors.
Mumbai is a metropolitan area with 12691836 inhabitants. However, there are usually not many Audi R8 on the market. Therefore, the supply is little and the demand depends on various of parameters e.g. brand reputation, fuel mileage, and used car pricing.
As illustrated in the figure below, cars of the car manufacturer Audi and specially of their model R8 depreciate in a very conventional manner. The mean value of the R8 will be decreased by up to 14% ($85,205) after only 1 year. After three years, the car usually goes for only 64% of its original selling price ($62,185) while it will only be priced at 32% of the original price after 7 years ($30,048). The R8's value after twelve years is only 13% of its first price depending on its condition of course.
Another way to analyze vehicle depreciation is to look at the loss of value over miles driven. The Audi R8 depreciation curve below describes this phenomenon for Mumbai. The R8 looses most of its resell price (~ 46%) within the first 30k km driven. The average price for a R8 at that mileage is ca $54,581. After that the devaluation slows down: at 90k kilometers the Audi R8 is valued for $32,549 in Mumbai and for $18,194 at 180k kilometers of mileage.
The last factor 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 devaluation of a Audi R8 according to its year and its condition.
|Vehicle Year||Audi R8 Condition|
|Audi R8 variations:|
|R8 V8 4.2 FSI (420ch) QUATTRO R TRONIC|
|R8 V8 4.2 FSI (420ch) QUATTRO BV6|