Are you looking to buy (or sell) a Jaguar F-Type in Mumbai? Vehiclus surveyed the local used auto market of all towns in India to determine a pricing profile of various Jaguar models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your F-Type (or to be certain to not be overcharged when buying a Jaguar F-Type) it is useful to understand most price-determining variables.
Mumbai is a town with 12691836 inhabitants. However, there are not many Jaguar F-Type for sale on the market. Therefore, the supply is not high and the demand depends on a multitude of factors e.g. season, brand popularity, and reliability.
As pictured below, cars of the car manufacturer Jaguar and specially of the model F-Type devaluate in a very average manner. The mean value of the F-Type will be decreased by 14% ($59,931) after only one year. After 3 years, the car typically is valued at 64% of its initial asking price ($42,730) while it will only be priced at 27% of the MSRP after 7 years ($20,235). The F-Type's value after 12 years is only 10% of its first price depending on its condition of course.
One more way to quantify car depreciation is to look at the decrease of value over kilometers driven. The Jaguar F-Type depreciation curve below describes this phenomenon for the city of Mumbai. The F-Type looses most of its resell price (approximately 47%) within the first 30,000km of its mileage. The mean price for a F-Type at that mileage is ca $38,546. After that the devaluation plateaus: at 90k km the Jaguar F-Type is valued for $22,034 in Mumbai and for $11,957 at 180k km of mileage.
The last value that significantly determines the price of a used car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Jaguar F-Type according to its year and its condition.
|Vehicle Year||Jaguar F-Type Condition|
|Jaguar F-Type variations:|