Seat MII in Mumbai

Seat MII for sale in Mumbai (India)

Are you currently in the market to buy (or sell) a Seat MII in Mumbai? Vehiclus analyzed the local used auto market of all cities in India to establish a pricing profile of various Seat models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your MII (or to make sure to not be ripped off when buying a Seat MII) it is useful to learn most value-determining variables.

Supply and Demand of Seat MII on the local car market

Mumbai is a city with a current population of 12691836 . However, it is hard to find more than three Seat MII on the local car market at the same time. Therefore, the supply is little and the demand depends on various of factors such as maintenance costs, fuel mileage, and reliability.

Price Devaluation Curve of the MII in Mumbai

As shown below, cars of the make Seat and specially of their model MII devaluate in a very usual process. The mean asking price of the MII will be decreased by 13% ($21,003) after only one year. After three years, the car typically is sold for about 64% of its original asking price ($14,912) while it will only be valued at 27% of the original price after 7 years ($6,871). The MII's value after 12 years is only 10% of its original price depending on its condition of course.


Depreciation according to vehicle mileage

Another way to quantify vehicle depreciation is to study the loss of value over mileage. The Seat MII depreciation curve below describes this phenomenon for the city of Mumbai. The MII looses most of its value (~ 47%) within the first 30,000km of its mileage. The typical price for a MII at that mileage is $13,698. After that the devaluation plateaus: at 90k km the Seat MII is sold for $7,843 in Mumbai and for $4,044 at 180k kilometers .

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

The last value that heavily determines the price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Seat MII according to its year and its condition.

Vehicle Year Seat MII Condition
fair good excellent
2017$8,409$15,893$23,377
2016$7,395$13,976$20,558
2015$6,453$12,196$17,939
2014$5,582$10,551$15,519
2013$4,784$9,042$13,300
2012$4,057$7,669$11,280
2011$3,403$6,432$9,461
2010$2,820$5,331$7,841
2009$2,310$4,365$6,421
2008$1,871$3,536$5,202
2007$1,504$2,843$4,182
2006$1,209$2,286$3,362
2005$986$1,864$2,742
2004$835$1,579$2,322
2003$756$1,429$2,103
2002$749$1,416$2,083

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