Opel Signum for sale in Mumbai (India)

Are you looking to buy (or sell) a Opel Signum in Mumbai? Vehiclus surveyed the local used auto market of all cities in India to establish a pricing profile of various Opel models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your Signum (or to make sure to not overpay when purchasing a Opel Signum) it is a good idea to understand all price-establishing variables.

Supply and Demand of Opel Signum on the local car market

Mumbai is a town with a current population of 12691836 . However, there are not many Opel Signum for sale on the market. That's why the supply is not high and the demand depends on various of factors for example brand reputation, mileage, and used car pricing.

Price Devaluation Curve of the Signum in Mumbai

As pictured below, cars of the car manufacturer Opel and specially of the model Signum loose their value in a very customary way. The average asking price of the Signum will be lowered by up to 13% ($16,237) after only one year. After 3 years, the car typically is valued at 61% of its original asking price ($12,177) while it will only be priced at 30% of the MSRP after 7 years ($5,018). The Signum's value after 12 years is only 13% of its initial price depending on its condition of course.

Depreciation according to vehicle mileage

One more way to describe vehicle depreciation is to study the loss of value over miles driven. The Opel Signum depreciation curve below illustrates this phenomenon for the city of Mumbai. The Signum looses most of its resell price (~ 45%) within the first 30,000km driven. The average price for a Signum at that usage level is ca $10,377. After that the devaluation plateaus: at 90,000km the Opel Signum is sold for $6,506 in Mumbai and for $2,749 at 180,000km of mileage.

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

The last parameter that heavily effects the price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Opel Signum according to its year and its condition.

Vehicle Year	Opel Signum Condition
	fair	good	excellent
2017	$12,544	$15,649	$18,754
2016	$11,031	$13,762	$16,492
2015	$9,625	$12,008	$14,391
2014	$8,327	$10,389	$12,450
2013	$7,136	$8,903	$10,669
2012	$6,053	$7,551	$9,049
2011	$5,076	$6,333	$7,590
2010	$4,207	$5,249	$6,290
2009	$3,445	$4,298	$5,151
2008	$2,791	$3,482	$4,173
2007	$2,244	$2,799	$3,355
2006	$1,804	$2,250	$2,697
2005	$1,471	$1,836	$2,200
2004	$1,246	$1,555	$1,863
2003	$1,128	$1,407	$1,687
2002	$1,117	$1,394	$1,671