Opel Corsa for sale in Mumbai (India)

Are you currently looking to buy (or sell) a Opel Corsa in Mumbai? Vehiclus studied the used automotive market of all towns in India to establish a pricing profile of various Opel models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Corsa (or to make sure to not be overcharged when purchasing a Opel Corsa) it is of value to know most value-determining factors.

Supply and Demand of Opel Corsa on the local vehicle market

Mumbai is a city with a current population of 12691836 inhabitants. Nevertheless, it is hard to find more than a dozen Opel Corsa on the market there. Hence, the supply is not high and the demand depends on various of factors for example season, mileage, and reliability.

Price Devaluation Curve of the Corsa in Mumbai

As pictured below, cars of the car manufacturer Opel and specially of their model Corsa devaluate in a very customary process. The mean asking price of the Corsa will be decreased by up to 14% ($12,520) after only one year. After 3 years, the car typically goes for only 64% of its original selling price ($9,049) while it will only be priced at 28% of the original price after 7 years ($4,145). The Corsa'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 vehicle depreciation is to examine the decrease of value over kilometers driven. The Opel Corsa depreciation curve below shows this phenomenon for the city of Mumbai. The Corsa looses most of its resell price (approximately 50%) within the first 20,000miles (30,000km) of its mileage. The typical price for a Corsa at that mileage is $8,080. After that the devaluation plateaus: at 90,000km the Opel Corsa is valued for $4,752 in Mumbai and for $2,426 at 180k km .

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

The last value that significantly determines the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Opel Corsa according to its year and its condition.

Vehicle Year	Opel Corsa Condition
	fair	good	excellent
2017	$12,448	$13,329	$14,209
2016	$10,947	$11,721	$12,496
2015	$9,552	$10,228	$10,904
2014	$8,264	$8,848	$9,433
2013	$7,082	$7,583	$8,084
2012	$6,006	$6,431	$6,856
2011	$5,038	$5,394	$5,750
2010	$4,175	$4,470	$4,766
2009	$3,419	$3,661	$3,903
2008	$2,770	$2,966	$3,162
2007	$2,227	$2,384	$2,542
2006	$1,790	$1,917	$2,043
2005	$1,460	$1,563	$1,667
2004	$1,236	$1,324	$1,411
2003	$1,119	$1,199	$1,278
2002	$1,109	$1,187	$1,266