Mitsubishi Colt in Mumbai

Mitsubishi Colt for sale in Mumbai (India)

Are you in the market to buy (or sell) a Mitsubishi Colt in Mumbai? Vehiclus studied the used auto market of all metropolitan areas in India to determine a pricing profile of various Mitsubishi models depending on their age, technical condition, optical condition, and mileage. In order to maximize your earnings when selling your Colt (or to be certain to not be overcharged when purchasing a Mitsubishi Colt) it is of value to learn all price-establishing variables.

Supply and Demand of Mitsubishi Colt on the local auto market

Mumbai is a town with currently 12691836 inhabitants. Nevertheless, it is hard to find more than a handful Mitsubishi Colt on the market there. Therefore, the supply is little and the demand depends on a multitude of factors for example brand reputation, mileage, and brand competetivness.

Price Devaluation Curve of the Colt in Mumbai

As pictured below, cars of the manufacturer Mitsubishi and especially of the model Colt loose their value in a very standard process. The average asking price of the Colt will be lowered by 13% ($21,563) after just one year. After three years, the car usually is sold for approximately 64% of its original selling price ($15,443) while it will only be worth 28% of the original price after 7 years ($6,166). The Colt's value after twelve years is only 10% of its initial price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to analyze car depreciation is to examine the loss of value vs miles driven. The Mitsubishi Colt depreciation curve below illustrates this phenomenon for Mumbai. The Colt looses most of its value (ca 47%) within the first 20,000miles (30,000km) driven. The typical price for a Colt at that mileage is $13,947. After that the devaluation plateaus: at 90,000km the Mitsubishi Colt is priced for $8,074 in Mumbai and for $3,219 at 180k kilometers of mileage.

Mitsubishi Colt price depending on condition (fair, good, excellent)

The last factor that heavily influences the price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Mitsubishi Colt according to its year and its condition.

Vehicle Year Mitsubishi Colt Condition
fair good excellent
2017$18,668$21,519$24,370
2016$16,417$18,924$21,431
2015$14,325$16,513$18,701
2014$12,393$14,286$16,178
2013$10,621$12,243$13,865
2012$9,008$10,384$11,759
2011$7,555$8,709$9,863
2010$6,262$7,218$8,174
2009$5,128$5,911$6,694
2008$4,154$4,788$5,423
2007$3,339$3,850$4,360
2006$2,685$3,095$3,505
2005$2,190$2,524$2,859
2004$1,855$2,138$2,421
2003$1,679$1,935$2,192
2002$1,663$1,917$2,171

Enter vehicle make, model and city of interest:


Daihatsu
Materia
starting at
$6,126
in Ningbo (CN)
Nissan
Murano
starting at
$10,776
in Gadag (IN)
Chevrolet
Trans
starting at
$9,455
in Kariya (JP)
Mitsubishi Colt variations:
COLT CLEARTEC 5P 1.1L Inform / Invite
COLT CLEARTEC 3P 1.1L E / Inform / Invite
COLT 3P 1.5L Turbo
NOUVELLE COLT 5P 1.3L Invite
COLT CZ3 1.5DI-D (95 ch)
COLT CZC 1.5L Invite / Instyle
COLT 3P 1.3L Invite
COLT 5P 1.3L Invite
COLT CZ3 1.5L
COLT 3P 1.5L Turbo Ralliart
COLT 1.3L
COLT CZ3 1.3L ALLSHIFT
COLT 1.3L ALLSHIFT
COLT CZT
NOUVELLE COLT 3P 1.5L Turbo Ralliart
COLT 3P 1.5L DI-D Invite
COLT 5P 1.5L DI-D Invite
COLT CZC 1.5L Invite/Instyle
COLT CLEARTEC 5P 1.3L Invite
COLT CZC 1.5L Turbo
COLT 1.5DI-D (95ch) ALLSHIFT
COLT CZ3 1.1L
NOUVELLE COLT 5P 1.1L Inform/ Invite
COLT CLEARTEC 3P 1.3L Invite
COLT CZ3 1.5 DI-D 95
COLT CZ3 1.3L
NOUVELLE COLT 3P 1.1L E/ Inform/ invite
NOUVELLE COLT 3P 1.3L Invite
COLT 1.5DI-D (95ch)
COLT 1.5L
COLT 1.1L