Fiat 500 in Mumbai

Fiat 500 for sale in Mumbai (India)

Are you currently in the market to buy (or sell) a Fiat 500 in Mumbai? Vehiclus studied the used auto market of all towns in India to determine a pricing profile of various Fiat models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your 500 (or to make sure to not overpay when buying a Fiat 500) it is useful to know all value-determining factors.

Supply and Demand of Fiat 500 on the local car market

Mumbai is a city with a current population of 12691836 . Nevertheless, it is hard to find more than three Fiat 500 on the car market . Hence, the supply is low and the demand depends on various of factors such as maintenance costs, fuel mileage, and used car pricing.

Price Devaluation Curve of the 500 in Mumbai

As seen below, cars of the manufacturer Fiat and especially of the model 500 depreciate in a very average manner. The average value of the 500 will be lowered by up to 14% ($16,564) after just one year. After three years, the car typically costs only 64% of its original asking price ($12,042) while it will only be priced at 32% of the MSRP after 7 years ($5,623). The 500's value after 12 years is only 10% of its original price depending on its condition of course.


Depreciation according to vehicle mileage

Another way to describe car depreciation is to examine the loss of value over miles driven. The Fiat 500 depreciation curve below shows this phenomenon for the city of Mumbai. The 500 looses most of its value (approximately 50%) within the first 30,000km driven. The mean price for a 500 at that mileage is ca $10,678. After that the depreciation slows down: at 90k km the Fiat 500 is valued for $6,346 in Mumbai and for $3,344 at 180k km driven.

Fiat 500 price depending on condition (fair, good, excellent)

The last factor that heavily determines the sell price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Fiat 500 according to its year and its condition.

Vehicle Year Fiat 500 Condition
fair good excellent
2017$17,474$18,155$18,837
2016$15,366$15,966$16,565
2015$13,408$13,931$14,454
2014$11,600$12,052$12,505
2013$9,941$10,329$10,716
2012$8,431$8,760$9,089
2011$7,071$7,347$7,623
2010$5,861$6,089$6,318
2009$4,800$4,987$5,174
2008$3,888$4,040$4,191
2007$3,126$3,248$3,370
2006$2,513$2,611$2,709
2005$2,050$2,130$2,210
2004$1,736$1,804$1,871
2003$1,571$1,633$1,694
2002$1,557$1,617$1,678

Enter vehicle make, model and city of interest:


Citroen
Jumper
starting at
$15,065
in Kananga (CD)
Seat
MII
starting at
$7,776
in Visalia (US)
Mercedes
Viano
starting at
$13,966
in Santa Cruz do Sul (BR)
Fiat 500 variations:
500 1.2 8v Stop & Start Euro 5
500 ABARTH
500 1.2 8v
500 1.2 8v Dual Logic
500 1.3 MultiJet 16V 95ch Start/Stop D.P.F.
500 1.4 16v Dual Logic
500 1.2 8v Dual Logic Stop & Start Euro 5
500 Abarth Euro 5
500 1.4 16v Euro 5
500 1.4 (100ch) Dualogic
500
500 Abarth Esseesse
500 1.4 16v (100ch)
500 Abarth
500 1.4 16v
500 Abarth Esseesse Euro 5
500 1.3 Multijet 16v
500 1.4 16v Dual Logic Euro 5