Seat Ibiza for sale in Mumbai (India)

Are you in the market to buy (or sell) a Seat Ibiza in Mumbai? Vehiclus analyzed the used automotive market of all cities in India to determine a pricing profile of various Seat models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Ibiza (or to be sure to not be overcharged when purchasing a Seat Ibiza) it is a good idea to learn most price-establishing factors.

Supply and Demand of Seat Ibiza on the local car market

Mumbai is a metropolitan area with a current population of 12691836 inhabitants. Nevertheless, there are usually not many Seat Ibiza for sale on the market. Therefore, the supply is small and the demand depends on various of parameters e.g. season, mileage, and used car pricing.

Price Devaluation Curve of the Ibiza in Mumbai

As pictured below, cars of the make Seat and especially of their model Ibiza devaluate in a very average fashion. The mean asking price of the Ibiza will be decreased by up to 13% ($18,589) after just 1 year. After three years, the car usually goes for only 60% of its original selling price ($13,514) while it will only be priced at 32% of the original price after 7 years ($5,831). The Ibiza's value after twelve years is only 10% of its original price depending on its condition of course.

Depreciation according to mileage

One more way to describe vehicle depreciation is to examine the loss of value over mileage. The Seat Ibiza depreciation curve below shows this phenomenon for Mumbai. The Ibiza looses most of its resell price (approximately 47%) within the first 30k kilometers driven. The typical price for a Ibiza at that mileage is ca $11,876. After that the devaluation plateaus: at 90,000km the Seat Ibiza is valued for $7,017 in Mumbai and for $3,232 at 180k kilometers of mileage.

Seat Ibiza price depending on condition (fair, good, excellent)

The last factor that heavily influences the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Seat Ibiza according to its year and its condition.

Vehicle Year	Seat Ibiza Condition
	fair	good	excellent
2017	$14,061	$17,772	$21,482
2016	$12,365	$15,628	$18,892
2015	$10,790	$13,637	$16,485
2014	$9,334	$11,798	$14,261
2013	$7,999	$10,110	$12,222
2012	$6,785	$8,575	$10,366
2011	$5,690	$7,192	$8,694
2010	$4,716	$5,961	$7,205
2009	$3,862	$4,881	$5,901
2008	$3,129	$3,954	$4,780
2007	$2,515	$3,179	$3,843
2006	$2,022	$2,556	$3,090
2005	$1,649	$2,085	$2,520
2004	$1,397	$1,765	$2,134
2003	$1,264	$1,598	$1,932
2002	$1,252	$1,583	$1,914