BMW Z3 in Mumbai

BMW Z3 for sale in Mumbai (India)

Are you in the market to buy (or sell) a BMW Z3 in Mumbai? Vehiclus surveyed the used automotive market of all cities in India to establish a pricing profile of various BMW models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your Z3 (or to be certain to not overpay when purchasing a BMW Z3) it is recommended to know all price-determining factors.

Supply and Demand of BMW Z3 on the local auto market

Mumbai is a town with 12691836 inhabitants. However, it is hard to find more than a dozen BMW Z3 on the used car market . Hence, the supply is low and the demand depends on various of parameters for example maintenance costs, brand popularity, and brand competetivness.

Price Devaluation Curve of the Z3 in Mumbai

As pictured below, cars of the make BMW and especially of their model Z3 depreciate in a very customary way. The average value of the Z3 will be lowered by 14% ($37,280) after just 1 year. After 3 years, the car usually goes for only 64% of its initial selling price ($27,435) while it will only be worth 30% of the original price after 7 years ($12,193). The Z3's value after twelve years is only 12% of its initial price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to analyze car depreciation is to look at the loss of value over kilometers driven. The BMW Z3 depreciation curve below describes this phenomenon for the city of Mumbai. The Z3 looses most of its value (ca 46%) within the first 30k km of its mileage. The mean price for a Z3 at that mileage is ca $23,901. After that the depreciation plateaus: at 90k kilometers the BMW Z3 is valued for $14,488 in Mumbai and for $7,014 at 180k km of mileage.

BMW Z3 price depending on condition (fair, good, excellent)

The last parameter that significantly effects the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the devaluation of a BMW Z3 according to its year and its condition.

Vehicle Year BMW Z3 Condition
fair good excellent
2017$34,906$38,860$42,815
2016$30,697$34,174$37,651
2015$26,785$29,820$32,854
2014$23,173$25,798$28,423
2013$19,859$22,108$24,358
2012$16,843$18,751$20,659
2011$14,126$15,727$17,327
2010$11,708$13,034$14,361
2009$9,588$10,675$11,761
2008$7,767$8,647$9,527
2007$6,245$6,952$7,659
2006$5,020$5,589$6,158
2005$4,095$4,559$5,023
2004$3,468$3,861$4,254
2003$3,140$3,495$3,851
2002$3,110$3,462$3,815

Enter vehicle make, model and city of interest:


Seat
MII
starting at
$7,776
in Madrid (ES)
Audi
S8
starting at
$28,543
in London (CA)
Mitsubishi
Space
starting at
$15,359
in Colombo (BR)
BMW Z3 variations:
Z3 2.2i ROADSTER
Z3 1.9i ROADSTER
Z3 2.2i ROADSTER BVA
Z3 3.0i ROADSTER
Z3 3.0i ROADSTER BVA