Nissan Terrano for sale in Mumbai (India)

Are you currently in the market to buy (or sell) a Nissan Terrano in Mumbai? Vehiclus analyzed the local used automotive market of all towns in India to establish a pricing profile of various Nissan models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your Terrano (or to be certain to not overpay when buying a Nissan Terrano) it is very recommended to understand all price-determining variables.

Supply and Demand of Nissan Terrano on the local vehicle market

Mumbai is a city with 12691836 inhabitants. Nevertheless, there are not many Nissan Terrano on the market. Hence, the supply is not high and the demand depends on various of parameters such as season, mileage, and reliability.

Price Devaluation Curve of the Terrano in Mumbai

As shown below, cars of the car manufacturer Nissan and specially of the model Terrano devaluate in a very customary way. The average asking price of the Terrano will be lowered by 14% ($24,160) after only one year. After three years, the car typically goes for only 63% of its original selling price ($17,187) while it will only be valued at 31% of the original price after 7 years ($7,588). The Terrano's value after twelve years is only 11% of its original price depending on its condition of course.

Depreciation according to vehicle mileage

One more way to quantify car depreciation is to look at the decrease of value over miles driven. The Nissan Terrano depreciation curve below describes this phenomenon for Mumbai. The Terrano looses most of its resell price (ca 45%) within the first 30k km driven. The typical price for a Terrano at that mileage is approximately $15,621. After that the depreciation slows down: at 90k kilometers the Nissan Terrano is valued for $8,923 in Mumbai and for $4,283 at 180k km of mileage.

Nissan Terrano price depending on condition (fair, good, excellent)

The last parameter that heavily determines the price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Nissan Terrano according to its year and its condition.

Vehicle Year	Nissan Terrano Condition
	fair	good	excellent
2017	$21,483	$24,405	$27,327
2016	$18,893	$21,462	$24,031
2015	$16,485	$18,727	$20,969
2014	$14,262	$16,202	$18,141
2013	$12,222	$13,884	$15,547
2012	$10,366	$11,776	$13,186
2011	$8,694	$9,877	$11,059
2010	$7,206	$8,186	$9,166
2009	$5,901	$6,704	$7,506
2008	$4,780	$5,430	$6,081
2007	$3,843	$4,366	$4,889
2006	$3,090	$3,510	$3,930
2005	$2,520	$2,863	$3,206
2004	$2,134	$2,425	$2,715
2003	$1,932	$2,195	$2,458
2002	$1,914	$2,174	$2,434