Renault Kangoo for sale in Mumbai (India)

Are you looking to buy (or sell) a Renault Kangoo in Mumbai? Vehiclus studied the used auto market of all cities in India to establish a pricing profile of various Renault models depending on their age, technical condition, optical condition, and mileage. In order to maximize your earnings when selling your Kangoo (or to be sure to not be ripped off when purchasing a Renault Kangoo) it is a good idea to know all price-establishing factors.

Supply and Demand of Renault Kangoo on the local car market

Mumbai is a metropolitan area with a population of 12691836 . However, it is hard to find more than a dozen Renault Kangoo on the used car market there. Therefore, the supply is little and the demand depends on a multitude of factors e.g. brand reputation, mileage, and reliability.

Price Devaluation Curve of the Kangoo in Mumbai

As illustrated in the figure below, cars of the make Renault and especially of the model Kangoo depreciate in a very predictable fashion. The mean selling price of the Kangoo will be decreased by up to 14% ($25,792) after just 1 year. After three years, the car typically is sold for about 64% of its original asking price ($18,875) while it will only be priced at 32% of the MSRP after 7 years ($7,928). The Kangoo's value after 12 years is only 12% of its initial price depending on its condition of course.

Depreciation according to mileage

One more way to describe vehicle depreciation is to look at the loss of value vs kilometers driven. The Renault Kangoo depreciation curve below describes this phenomenon for Mumbai. The Kangoo looses most of its resell price (ca 46%) within the first 20,000miles (30,000km) of its mileage. The average price for a Kangoo at that mileage is $16,564. After that the devaluation plateaus: at 90k km the Renault Kangoo is sold for $9,944 in Mumbai and for $4,356 at 180k kilometers driven.

Renault Kangoo price depending on condition (fair, good, excellent)

The last parameter that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Renault Kangoo according to its year and its condition.

Vehicle Year	Renault Kangoo Condition
	fair	good	excellent
2017	$26,397	$27,965	$29,532
2016	$23,213	$24,592	$25,971
2015	$20,256	$21,459	$22,662
2014	$17,524	$18,565	$19,605
2013	$15,018	$15,910	$16,801
2012	$12,737	$13,494	$14,250
2011	$10,683	$11,317	$11,952
2010	$8,854	$9,380	$9,906
2009	$7,251	$7,682	$8,112
2008	$5,874	$6,222	$6,571
2007	$4,722	$5,003	$5,283
2006	$3,796	$4,022	$4,247
2005	$3,097	$3,281	$3,464
2004	$2,622	$2,778	$2,934
2003	$2,374	$2,515	$2,656
2002	$2,352	$2,491	$2,631