Opel Astra for sale in Mumbai (India)

Are you looking to buy (or sell) a Opel Astra in Mumbai? Vehiclus studied the local used automotive market of all metropolitan areas in India to determine a pricing profile of various Opel models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Astra (or to be certain to not be overcharged when buying a Opel Astra) it is of value to understand most value-determining variables.

Supply and Demand of Opel Astra on the local auto market

Mumbai is a city with a current population of 12691836 inhabitants. However, it is hard to find more than five Opel Astra on the used car market at the same time. Therefore, the supply is little and the demand depends on a multitude of factors such as maintenance costs, brand popularity, and used car pricing.

Price Devaluation Curve of the Astra in Mumbai

As shown below, cars of the make Opel and specially of the model Astra depreciate in a very conventional way. The average asking price of the Astra will be lowered by up to 13% ($21,200) after just 1 year. After 3 years, the car typically is sold for about 63% of its original selling price ($15,202) while it will only be priced at 31% of the MSRP after 7 years ($7,021). The Astra's value after twelve years is only 11% of its original price depending on its condition of course.

Depreciation according to vehicle mileage

Another way to describe vehicle depreciation is to look at the loss of value over miles driven. The Opel Astra depreciation curve below shows this phenomenon for the city of Mumbai. The Astra looses most of its value (approximately 45%) within the first 20,000miles (30,000km) driven. The typical price for a Astra at that usage level is $13,619. After that the devaluation plateaus: at 90k kilometers the Opel Astra is priced for $7,865 in Mumbai and for $4,086 at 180k km .

Opel Astra price depending on condition (fair, good, excellent)

The last value that heavily determines the sell price of a used car is the technical and optical condition of the vehicle. The table below shows the devaluation of a Opel Astra according to its year and its condition.

Vehicle Year	Opel Astra Condition
	fair	good	excellent
2017	$22,007	$23,135	$24,262
2016	$19,353	$20,345	$21,336
2015	$16,887	$17,752	$18,618
2014	$14,609	$15,358	$16,107
2013	$12,520	$13,162	$13,803
2012	$10,619	$11,163	$11,707
2011	$8,906	$9,362	$9,819
2010	$7,381	$7,760	$8,138
2009	$6,045	$6,355	$6,664
2008	$4,897	$5,148	$5,399
2007	$3,937	$4,139	$4,340
2006	$3,165	$3,327	$3,489
2005	$2,582	$2,714	$2,846
2004	$2,186	$2,298	$2,410
2003	$1,979	$2,081	$2,182
2002	$1,960	$2,061	$2,161