Renault Twingo for sale in Mumbai (India)

Are you looking to buy (or sell) a Renault Twingo in Mumbai? Vehiclus surveyed the local 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. If you want to optimize your profits when selling your Twingo (or to be certain to not be overcharged when purchasing a Renault Twingo) it is of value to learn most value-determining variables.

Supply and Demand of Renault Twingo on the local car market

Mumbai is a metropolitan area with a current population of 12691836 . However, there are usually not many Renault Twingo on the market. Therefore, the supply is low and the demand depends on a multitude of factors such as season, brand popularity, and reliability.

Price Devaluation Curve of the Twingo in Mumbai

As illustrated in the figure below, cars of the car manufacturer Renault and especially of the model Twingo devaluate in a very normal process. The average value of the Twingo will be lowered by up to 14% ($13,446) after only 1 year. After three years, the car typically is sold for about 60% of its original selling price ($9,358) while it will only be priced at 29% of the original price after 7 years ($4,288). The Twingo's value after twelve years is only 12% of its first price depending on its condition of course.

Depreciation according to mileage

Another way to describe car depreciation is to examine the loss of value vs kilometers driven. The Renault Twingo depreciation curve below shows this phenomenon for the city of Mumbai. The Twingo looses most of its value (~ 47%) within the first 30k kilometers driven. The typical price for a Twingo at that mileage is approximately $8,690. After that the devaluation slows down: at 90k kilometers the Renault Twingo is priced for $4,756 in Mumbai and for $2,447 at 180k kilometers .

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

The last value that heavily determines the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the deflation of a Renault Twingo according to its year and its condition.

Vehicle Year	Renault Twingo Condition
	fair	good	excellent
2017	$12,268	$13,744	$15,220
2016	$10,788	$12,086	$13,385
2015	$9,414	$10,546	$11,679
2014	$8,144	$9,124	$10,104
2013	$6,979	$7,819	$8,659
2012	$5,919	$6,632	$7,344
2011	$4,964	$5,562	$6,159
2010	$4,115	$4,610	$5,105
2009	$3,370	$3,775	$4,181
2008	$2,729	$3,058	$3,387
2007	$2,194	$2,458	$2,723
2006	$1,764	$1,976	$2,189
2005	$1,439	$1,612	$1,785
2004	$1,219	$1,365	$1,512
2003	$1,103	$1,236	$1,369
2002	$1,093	$1,224	$1,356