Are you in the market to buy (or sell) a Jaguar XKR in Mumbai? Vehiclus analyzed the used auto market of all towns in India to establish a pricing profile of various Jaguar models depending on their age, technical condition, optical condition, and mileage. In order to optimize your earnings when selling your XKR (or to be certain to not be ripped off when buying a Jaguar XKR) it is highly recommended to know all price-establishing variables.
Mumbai is a city with a current population of 12691836 people. Nevertheless, there are usually not many Jaguar XKR for sale on the market. That's why the supply is low and the demand depends on a multitude of parameters for example season, fuel mileage, and used car pricing.
As shown below, cars of the manufacturer Jaguar and especially of the model XKR devaluate in a very predictable manner. The average price of the XKR will be lowered by 14% ($47,872) after just 1 year. After three years, the car usually is sold for approximately 60% of its original selling price ($35,600) while it will only be priced at 28% of the MSRP after 7 years ($16,260). The XKR's value after 12 years is only 12% of its first price depending on its condition of course.
Another way to describe vehicle depreciation is to examine the loss of value over kilometers driven. The Jaguar XKR depreciation curve below describes this phenomenon for Mumbai. The XKR looses most of its resell price (approximately 45%) within the first 20,000miles (30,000km) driven. The typical price for a XKR at that usage level is approximately $30,516. After that the depreciation plateaus: at 90k kilometers the Jaguar XKR is priced for $18,804 in Mumbai and for $9,541 at 180k kilometers of mileage.
The last parameter that heavily effects the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the devaluation of a Jaguar XKR according to its year and its condition.
|Vehicle Year||Jaguar XKR Condition|
|Jaguar XKR variations:|