Daewoo Nubira for sale in Mumbai (India)

Are you in the market to buy (or sell) a Daewoo Nubira in Mumbai? Vehiclus analyzed the local used auto market of all cities in India to determine a pricing profile of various Daewoo models depending on their age, technical condition, optical condition, and mileage. In order to optimize your earnings when selling your Nubira (or to be certain to not be overcharged when buying a Daewoo Nubira) it is of value to know most price-determining variables.

Supply and Demand of Daewoo Nubira on the local vehicle market

Mumbai is a metropolitan area with a population of 12691836 . However, there are usually not many Daewoo Nubira on the market. That's why the supply is low and the demand depends on a multitude of parameters such as car model reputation, fuel mileage, and brand competetivness.

Price Devaluation Curve of the Nubira in Mumbai

As shown below, cars of the manufacturer Daewoo and especially of the model Nubira loose their value in a very conventional fashion. The average selling price of the Nubira will be decreased by up to 14% ($18,024) after just one year. After 3 years, the car typically is valued at 64% of its initial selling price ($13,066) while it will only be valued at 32% of the original price after 7 years ($6,645). The Nubira'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 analyze vehicle depreciation is to study the loss of value vs kilometers driven. The Daewoo Nubira depreciation curve below describes this phenomenon for the city of Mumbai. The Nubira looses most of its resell price (ca 45%) within the first 20,000miles (30,000km) driven. The mean price for a Nubira at that usage level is $11,442. After that the devaluation slows down: at 90k km the Daewoo Nubira is priced for $6,695 in Mumbai and for $4,097 at 180,000km .

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

The last value that significantly influences the selling price of a used car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Daewoo Nubira according to its year and its condition.

Vehicle Year	Daewoo Nubira Condition
	fair	good	excellent
2017	$7,714	$14,390	$21,066
2016	$6,784	$12,654	$18,525
2015	$5,919	$11,042	$16,165
2014	$5,121	$9,553	$13,985
2013	$4,388	$8,187	$11,985
2012	$3,722	$6,943	$10,165
2011	$3,122	$5,823	$8,525
2010	$2,587	$4,826	$7,066
2009	$2,119	$3,953	$5,786
2008	$1,716	$3,202	$4,687
2007	$1,380	$2,574	$3,768
2006	$1,109	$2,069	$3,030
2005	$905	$1,688	$2,471
2004	$766	$1,429	$2,093
2003	$693	$1,294	$1,895
2002	$687	$1,282	$1,877